Maaltijdbezorger Thuisbezorgd brengt naast pizza's en burgers nu ook shampoo, zeep en andere verzorgingsmiddelen rond. Daarvoor gaat het bedrijf een samenwerking aan met Lush.  ( 3 min )

Werknemers hebben nauwelijks iets te vrezen als zij openlijk aangeven dat ze op zoek zijn naar een andere baan. Veel bedrijven hebben namelijk grote moeite om mensen aan te trekken en te behouden vanwege het personeelstekort. En dat zorgt voor andere verhoudingen op de arbeidsmarkt.  ( 5 min )

The Wall Street consensus estimate is that AMD will report revenue of $5.3 billion with adjusted earnings per share of 57 cents for the June quarter.  ( 26 min )

HSBC Holdings reported a 235% increase in first-half profit on Tuesday, as it benefited from rising interest rates around the world and the positive effects of its planned French unit sale.Europe's largest bank with a market value of $162 billion posted a pretax profit of $21.7 billion for the first six months this year, versus $9.2 billion a year earlier. The results were better than the $20.9 billion mean average estimate of brokers compiled by HSBC.  ( 30 min )

CVS Health is shedding 5,000 jobs to help reduce costs as the U.S. pharmacy chain sharpens its focus on healthcare services, the Wall Street Journal reported on Monday. CVS added that the jobs affected will primarily be corporate positions, according to the report, citing a memo reviewed by WSJ. CVS did not immediately respond to a Reuters request for comment.  ( 30 min )

Bitcoin and Ether traded little changed on Tuesday morning, both holding at support prices they have fluctuated around for several weeks.  ( 32 min )

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Since the end of the Second World War, the US has been the 800-pound gorilla of the world economy – the largest in monetary terms, the largest producer, the largest innovator, the largest financial market. That dominance has been challenged in the last couple of decades, with the rise of China to become the world’s second-largest economy, the expansion of Taiwan’s semiconductor chip industry to global leadership, the ingenuity of South Korean tech firms – especially in AI, and the expansion of I  ( 10 min )

"Lower inflation and stronger economy and good guidance and good profits, what's to stop this market now?"  ( 7 min )

Both CDs and high-yield savings accounts are paying record rates right now, with dozens of options that earn 5.00% or more. Find out how to choose what's best for you.  ( 19 min )

Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 16 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 18 min )

U.S. consumers ramped up their spending on material goods during the pandemic and haven’t looked back, and economists are wondering just how long the shopping spree will last.  ( 17 min )

Biotechnology is the scientific study of using living organisms to develop healthcare products and processes. Learn how to invest in biotech companies.  ( 27 min )

Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 19 min )

The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 18 min )

Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )

Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )

One in five homeowners have mortgage rates greater than 5% and are twice as likely to sell their homes, compared to the vast majority of homeowners with lower rates who feel locked in, a new Zillow survey found.  ( 18 min )

Cash flow is the net cash and cash equivalents that move in and out of a company's financial statement.  ( 26 min )

Most banks toughened up their lending standards in the second quarter, and plan to continue to do so in the near future out of concern for the economic outlook, making it harder for businesses and individuals to take out loans.  ( 17 min )

Despite current challenges in the U.S. economy, approximately 75% of mid-sized business owners plan to expand their businesses over the next 12 months.  ( 17 min )

Find out how Americans in their 20s can benefit from a well-thought-out life insurance policy, especially if they are able to build cash value.  ( 26 min )

Netspend and PayPal both allow fund transfers and they work in conjunction with each other. Find out more about Netspend prepaid cards and how the process works.  ( 21 min )

Personal loan rates moved up sharply this week to 20.86%, jumping 31 basis points since last week when the average personal loan rate sat at 20.55%.  ( 18 min )

Find out the pros and cons of borrowing against your life insurance policy to determine if this loan type is the right financial decision for you.  ( 22 min )

Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 17 min )

The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 18 min )

Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.  ( 22 min )

A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 35 min )

Allocational efficiency is the efficient allocation of resources that leads to maximum overall satisfaction in the economy.  ( 19 min )

Performance management helps managers monitor and evaluate employees' work and align it with the company's goals.  ( 22 min )

A subsidiary is a company that is more than 50% owned by another company. The owner is usually referred to as the parent company or holding company.  ( 25 min )

After the Fed's latest rate hike, which may not have been its last, we search for points of weakness and areas of continued strength in the markets with Kenny Polcari. "Irrational exuberance" makes a return as a catchphrase. Is 2023 really like 1996?  ( 19 min )

Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )

U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 16 min )

A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )

The bipartisan bill taps into the public’s overwhelming support for banning stock trading among members of Congress and top White House officials.  ( 19 min )

Mortgage rates climbed again, taking the 30-year and other rate averages to their highest levels in more than two weeks, and the jumbo 30-year average to a 14-year high.  ( 20 min )

The SEC's recent enforcement push seeks to protect cryptocurrency investors.  ( 26 min )

The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 18 min )

Onsemi beat estimates on profit, sales, and guidance on increased demand for its automotive and industrial chips. Shares hit an all-time high on the news.  ( 16 min )

Student loan borrowers facing the resumption of payments on federally-held loans in October can now apply for a new kind of repayment plan that offers lower monthly payments.  ( 18 min )

Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits.  ( 17 min )

Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 17 min )

The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 26 min )

Bond funds dominated first-half 2023 global investment flows as investors reached for rising yields, while those same higher yields caused jitters that led to outflows in other asset classes.  ( 18 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 26 min )

Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )

Overlay refers to an asset management style that uses software to harmonize an investor's separately managed accounts, preventing inefficiencies and ensuring strategies are implemented and coordinated correctly.  ( 19 min )

Homeowners insurance covers the home, your personal property, and liability claims. Find out if you need a special policy to insure a modular or manufactured home.  ( 23 min )

A conditional prepayment rate is an estimate of the percentage of a loan pool's principal that is likely to be paid off prematurely.  ( 20 min )

A reservation of rights letter is provided to the insured party indicating that a claim may not be covered under the policy.  ( 18 min )

How to take short positions on Chinese stocks using long and short exchange traded funds.  ( 18 min )

Long-term care insurance coverage provides for the care of people over age 65 or with a chronic or disabling condition who need constant care.  ( 22 min )

Free cash flow (FCF) represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.  ( 28 min )

Find out more about collateralized mortgage obligations and mortgage-backed securities and the difference between the two asset-backed securities.  ( 18 min )

Voodoo economics is a popular phrase first used by then-presidential candidate George H.W. Bush to cast doubt on Ronald Reagan's economic policy proposals.  ( 21 min )

Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )

Discover how bonds are traded as investment securities and understand the various terms used in bond trading, including par value and market price.  ( 22 min )

A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )

An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 22 min )

Understand the differences between the Sharpe ratio and the Sortino ratio, two risk-adjusted returns on investment calculations, and when to use each one.  ( 19 min )

Discover what CareCredit can be used for, where it is accepted and how it differs from traditional credit cards in relation to health care.  ( 19 min )

Net operating income and operating cash flow are different metrics used in measuring the financial viability of an investment or a company.  ( 18 min )

If you're going to invest in ETFs, you should know the intricacies of expense ratios.  ( 21 min )

Forbearance is a form of repayment relief involving temporarily postponing loan payments, typically for home mortgages or student loans.  ( 27 min )

Equity market and stock market are synonymous. They refer to the exchanges on which shares of public companies are bought and sold.  ( 21 min )

When the employees you interact with at your bank, credit card company, mortgage lender, or other financial institution seem incapable of or unwilling to resolve your complaint, the Consumer Financial Protection Bureau's process may help you get a better result.  ( 21 min )

QUIDS are tradable debt securities issued in small denominations with long securities and quarterly coupon payments.  ( 21 min )

Advice for couples on the best ways to manage their student debt before and after they get married.  ( 24 min )

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SoFi is reaching an affluent client base. Customers opening new direct-deposit accounts in the second quarter had a median FICO score of 747  ( 13 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 19 min )

ZoomInfo shares are down sharply after the database information provider trimmed its full-year financial forecast.  ( 26 min )

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The company is seeking new sources of revenue because patent expirations are expected to hit seven of its key products by the end of the decade.  ( 27 min )

(Bloomberg) -- AT&T Inc.’s human resources chief, Angela Santone, will leave the company at the end of September, just as the telecommunications giant is eliminating thousands of jobs as part of a newly expanded $8 billion cost-reduction program.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsStock Traders Refrain From Big Bets After  ( 8 min )

The Buffett Indicator spiking is a "very strong warning signal," and buying stocks when it's around 200% is "playing with fire," Buffett has said.  ( 6 min )

A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed. The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend, including concerns about its structural safety and illumination. The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week.  ( 5 min )

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Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )

Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )

(Bloomberg) -- For stock-picking hedge funds coping with 2023’s loopy markets, risks are starting to outweigh the rewards.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block Trump From GOP NominationA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyPro managers who make both bullish and  ( 33 min )

Stocks rose Monday as investors prepared for earnings from Apple and Amazon and for the July jobs report to land later this week.  ( 31 min )

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A fresh wave of investors is veering away from the tried-and-true stocks and bonds, opting to venture into alternative assets. Gen Z and wealthy young investors are increasingly drawn to alternative investments rather than conventional choices. Based on a survey conducted by Lansons, it was found that less than 10% of the entire American population has invested in alternative assets. However, among the younger generations, there is a more significant interest in alternative investments, with 30%  ( 31 min )

Mass layoffs and plans to file for bankruptcy haven't scared off a Boston-based hedge fund that now owns a 25% stake in Yellow.  ( 11 min )

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(Bloomberg) -- Walt Disney Co. hired Kevin Mayer and Tom Staggs, two executives once in the running to replace Bob Iger as chief executive officer, to help it evaluate strategic partners for its ESPN sports networks.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy Chips‘FOMO Rally’ Hits a Wall as Stock Fatigue Kicks In: Markets WrapWhy Chin  ( 31 min )

The Hawkeye State was No.1 on a Bankrate list of best places to retire, with Missouri and Nebraska among the top 10.  ( 31 min )

Frank Siragusa was not happy that the Mexican Pizza he paid $5.49 for at a Taco Bell in New York City last September appeared to contain only half as much beef and bean filling as the photo in the chain's advertising. In a proposed class action filed on Monday in Brooklyn federal court, Siragusa accused Taco Bell of deceiving consumers by falsely advertising its Mexican Pizza, Veggie Mexican Pizza, Crunchwrap Supreme, Grande Crunchwrap and Vegan Crunchwrap as containing "at least double" their actual content.  ( 30 min )

The fairness of the U.S. tax system has long been debated. President Joe Biden recently tweeted, "It's about time the super-wealthy start paying their fair share." The message caught the attention of Tesla Inc. CEO and Twitter Inc. owner Elon Musk. "Please give him the password, so he can do his own tweets," Musk replied, implying that the tweet wasn't written by the commander in chief himself. But the billionaire business tycoon actually agrees with Biden's view. "In all seriousness, I agree th  ( 9 min )

Oppenheimer analyst Chris Kotowski upgraded shares of Citigroup, Inc (NYSE:C) to an Outperform rating and lifted the price target from $84 to $88. The analyst said that Citigroup, with a tangible book value of 0.59x, is still one of the cheapest banks on the market. He further noted that Citigroup’s underlying operating trends closely reflect its second-quarter full-year 2023 results, which beat Street consensus. Citigroup reported a 1% year-over-year decline in net revenue to $19.44 billion, be  ( 8 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

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Johnson & Johnson stock was dropping, while Walt Disney was rising in midday trading Monday, with the three major stock indexes little changed. Johnson & Johnson (ticker: JNJ) shares fell 3.7% and were on pace for their largest percentage decrease since June 2020, according to Dow Jones Market Data  ( 12 min )

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Mortgage rates climbed again, taking the 30-year and other rate averages to their highest levels in more than two weeks, and the jumbo 30-year average to a 14-year high.  ( 21 min )

"The Enigma" is 555 carats and was sold by Sotheby's to Richard Heart in February 2022.  ( 30 min )

(Bloomberg) -- The creator of crypto token Hex illegally used millions of dollars of investor funds to buy a 555-carat black diamond known as “The Enigma,” according to the US Securities and Exchange Commission.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsWhy China’s Miracle Growth Story May Be Coming to an EndWall Street Holds Bac  ( 31 min )

The latest word from the big cloud-computing vendors about their plans for AI spending has made Bernstein more upbeat about the chipmaker's prospects.  ( 26 min )

Investing.com -- Stocks were muted on Monday as a deluge of megacap earnings started to hit this week, and as investors await this week's jobs report for July.  ( 31 min )

Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits.  ( 18 min )

Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations. The post Yellow’s demise: 2 decades in the making appeared first on FreightWaves.  ( 38 min )

Foxconn in Wisconsin is making microinverters for Enphase Energy that convert power from solar panels into electricity.  ( 10 min )

We have just been through a period of abundant stock market gains, but that is no coincidence, according to one legendary stock picker. Ken Fisher calls the last 9 months the “midterm miracle.” That is, history has shown that the 9 months starting October of a midterm election year turn out to be the most consistently profitable period in the stock market in all stock market history. With the huge strides made since October 1 last year, this scenario has played out in a “picture perfect” way. Bu  ( 10 min )

Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 19 min )

Just this past April, the company warned of liquidity problems, saying there was “substantial doubt about its ability to continue as a going concern.”  ( 31 min )

Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.  ( 26 min )

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(Bloomberg) -- Morgan Stanley’s Michael Wilson, one of the few Wall Street strategists to see last year’s equities rout coming, has been among the market’s leading pessimists throughout 2023. But on Monday, after months of soaring stocks, he changed his tone and now sees the rally running further. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on Bo  ( 8 min )

Shares of ON Semiconductor rose early Monday, leading the the S&P 500's advancers and supporting an index of chip stocks in morning trading. ON's stock was recently up roughly 2.5%. The Scottsdale, Ariz.-based company, which makes intelligent sensing and power services, said it is targeting third-q  ( 21 min )

The entrepreneur's divisive rebrand of Twitter has already wiped billions off its value, and now the very symbol of the company is deemed a potential hazard for public safety.  ( 32 min )

Adobe upgraded, Salesforce downgraded: Wall Street's top analyst calls  ( 9 min )

(Bloomberg) -- SoFi Technologies Inc. shares rose the most in almost a year after the online bank raised its revenue guidance, citing benefits from deposit growth and lower funding costs on loans.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyStocks Waver as Risk Appetite Cools; Yen  ( 7 min )

Stocks rose in the early going Monday, as investors prepared for earnings from Apple and Amazon, and for the July jobs report to land later this week.  ( 7 min )

The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.  ( 6 min )

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The logistics company J.B. Hunt Transport Services is ordering 13 trucks from the EV start-up. Investors are pleased.  ( 26 min )

Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of hundreds of nonunion employees on Friday.  ( 10 min )

Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College. The findings underscore the importance of proper retirement planning, even for the wealthy. While 28% of … Continue reading → The post Attention High Earners: You're Not Taking Retirement Seriously Enough appeared first on SmartAsset Blog.  ( 8 min )

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The rising adoption of electric vehicles has been a boon for chipmakers like Onsemi and NXP Semiconductors. Onsemi said in May it was considering investing over $2 billion to boost the production of silicon carbide chips used to extend the range of EVs. "Our brownfield capacity expansion is creating an opportunity for Onsemi to gain share in silicon carbide by capitalizing on the rapidly accelerating demand for electrification and renewable energy," Onsemi's CEO Hassane El-Khoury said in a statement.  ( 7 min )

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CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing.  ( 27 min )

Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.  ( 7 min )

Oppenheimer analyst Christopher Glynn bumped shares of General Electric to the equivalent of Hold from Buy.  ( 26 min )

“Let’s go to court and find out what the court says.”  ( 8 min )

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Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.  ( 26 min )

Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )

Crude prices are on track for their biggest one-month advance since January last year, as traders brace for cuts by Saudi Arabia and Russia to tighten supplies. Brent crude futures, the global oil benchmark, have risen 13% in July to about $85 a barrel. The rally has snapped oil out of a monthslong  ( 22 min )

Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters poll showed on Monday. U.S. crude was seen averaging $77.20 a barrel in 2023, down from the previous month's $78.38 forecast, and $78.25 in 2024. "We expect the impact of high interest rate levels to start curbing economic growth more strongly over H2 2023," data and analytics firm Kpler said, maintaining "a comparatively bearish view on the market".  ( 7 min )

Wedbush's Daniel Ives suggests looking past iPhone sales and backing Apple stock on a likely acceleration in services revenue in 2024.  ( 26 min )

Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job and getting it there fast enough to keep the public from losing faith. The Fed last week raised its policy rate to the 5.25%-5.50% range, the 11th increase in the last 12 meetings.  ( 9 min )

The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin prior to its legal action against the exchange.  ( 7 min )

Amazon investors are looking for updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending for corporations and consumers. Investors want to know how Amazon Web Services (AWS), the company's cloud provider, stands up against Microsoft and Google's, which both on Tuesday reported slowed growth in their cloud businesses in the quarter ending in June 30. Amazon previously said it is seeing a decrease in growth in AWS as business clients reallocated their spending to reduce costs.  ( 8 min )

Today's business landscape requires totally different set of skills, Andrew Liveris writes in his new book.  ( 7 min )

(Bloomberg) -- The US Treasury is set this week to begin a ramp-up in issuance of longer-dated securities that’s likely to stretch into next year, forced by a rapidly deteriorating budget deficit and soaring interest rates.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States S  ( 9 min )

Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest.  ( 19 min )

(Bloomberg) -- Adobe Inc.’s blistering rally has further to go, according to Morgan Stanley analyst Keith Weiss, who sees the creative software maker’s shares adding a further 25% over the next year.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States Sour on Israel in Blow to  ( 7 min )

SoFi Technologies is scheduled to post earnings on Monday, while reports from Apple and Amazon are set for later in the week. Walmart, meanwhile, boosts its stake in India's Flipkart, according to The Wall Street Journal.  ( 26 min )

↗️ Palantir (PLTR): The data-mining company's shares gained roughly 5% ahead of the opening bell. The stock surged 10% Friday, boosted by an analyst note that said it was poised to be a major player in the artificial-intelligence revolution. ↘️ [**  ( 22 min )

(Bloomberg) -- European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were potentially peaking. Heineken NV slumped after the brewer cut earnings forecast as its price increases drove consumers away from its brands.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sour  ( 32 min )

Live coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )

Lamborghini could sell 10,000 cars this year for the first time, its CEO said, as the luxury sports carmaker reported a rise in profit and revenues for the first half. Chairman and CEO Stephan Winkelmann said it was not easy to make forecasts due to market uncertainties, including with raw materials, but added that selling 10,000 cars this year was a "feasible goal". Supported by the success of its Urus SUV, which costs around 200,000 euros ($219,900) before tax, Lamborghini has in recent years expanded its output, relying on solid demand from wealthy car lovers.  ( 7 min )

(Bloomberg) -- Equities in Asia rose Monday following a rally on Wall Street as investors embraced fresh signs that inflation is easing further. Chinese stock gauges led gains on expectations of more government stimulus. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sou  ( 33 min )

The Swiss National Bank on Monday posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion) as interest rate hikes by other central banks dented the value of its massive bond holdings. The SNB lost 8.08 billion francs on its foreign currency positions of 742 billion francs as bond prices fell as investors feared more interest rate hikes by the U.S. Federal Reserve, European Central Bank and others. The Swiss central bank also lost 3.14 billion francs on its gold holdings in the three months to the end of June, as lower prices cut the value of the 1,040 tonnes of the precious metal it holds.  ( 31 min )

“This is our desire to simply get ahead of the production curve,” said Boeing CEO David Calhoun, despite there being “no breaks on the regulatory side.”  ( 10 min )

For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property sector before confidence recovers. The sector accounts for a quarter of China's economy, yet developers' debts are sliding deeper into distressed territory, with repayment problems mounting while sales crumble. When the Politburo signalled that there would be changes to real estate policy, along with other measures to boost an economy, it ignited the biggest one-day buying spree in China's stock markets since 2021.  ( 32 min )

The cash piles households built up during the lockdowns and government stimulus of 2020-2021 have long been touted by analysts and central bankers as a reason economies could avoid a deep recession. U.S. excess savings have fallen to around $500 billion from around $2.1 trillion in August 2021, the San Francisco Federal Reserve estimates. In Europe, Deutsche Bank reckons excess savings in Sweden, struggling to contain a property slump, have dwindled.  ( 33 min )

The S&P 500 could end the year near its all-time high, given strong market sentiment and the current economic landscape, according to DataTrek.  ( 26 min )

(Bloomberg) -- China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on Card SurchargesArab States Sour on Israel in Blow to US Aim of Sau  ( 32 min )

The stock has doubled this year, and the fintech's second-quarter earnings report may indicate whether that wild run was warranted.  ( 26 min )

Goldman analysts estimate global oil demand climbed to an all-time high of 102.8 million barrels per day (bpd) in July and see solid demand driving a larger-than-expected 1.8 million bpd deficit in the second half this year and a 0.6 million bpd deficit in 2024. A reduced recession risk and a strong effort by the Organization of the Petroleum Exporting Countries (OPEC) to push up prices support Goldman's view on higher oil prices and an outlook for less volatility, the analysts wrote in a note. Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.  ( 7 min )

Gold prices were bound for their biggest monthly gain in four on Monday as expectations grew that major global central banks may be nearing the end of current monetary policy tightening cycles. Spot gold was down 0.2% at $1,954.79 per ounce by 0431 GMT, while U.S. gold futures slipped 0.4% to $1,953.80 per ounce. "Markets feel vindicated with their assessment that Fed rates are at or near their terminal rate, with key inflation reports from the U.S. all pointing towards a faster pace of disinflation," said Matt Simpson, a senior market analyst at City Index.  ( 31 min )

(Bloomberg) -- The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising cycles of boom and bust more vulnerable in the latest downturn.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on  ( 34 min )

Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, adding to pressure on the ruling Communist Party to reverse an economic slowdown.  ( 7 min )

The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financial Times reported on Monday, citing Chief Executive Brian Armstrong.  ( 6 min )

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. JP Morgan analysts said this month that oil inventories - which include crude and fuel products - now play a bigger role in determining oil prices than the U.S. dollar because Western sanctions on Russia have accelerated oil trading in other currencies. Both the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) expect oil demand to outpace supply this year, leading to overall inventory draws to the tune of 400,000 to 500,000 barrels per day (bpd), mostly accounted for by the second half of the year.  ( 32 min )

(Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoidi  ( 7 min )

Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )

The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy. The post Teamsters notified Yellow filing bankruptcy appeared first on FreightWaves.  ( 8 min )

(Bloomberg) -- Chinese stocks rose from Monday’s open, extending last week’s gains, on increasing signs Beijing is determined to shore up growth with measures supporting weaker parts of the economy. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists Aren’t Buyin  ( 30 min )

The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, and was on track to reverse three consecutive months of loss. The U.S. dollar was conversely headed for a monthly loss on the prospect that the Federal Reserve's aggressive rate-hike cycle - a key driver of the dollar's strength - could have concluded with last week's 25-basis-point increase. The yen was last roughly 0.3% higher at 140.77 per dollar, nursing some of its heavy loss from Friday after the BOJ maintained ultra-low rates, though made its bond yield curve control (YCC) policy more flexible and loosened its defence of a long-term rate cap.  ( 8 min )

(Bloomberg) -- Production has plummeted at Australia’s first lithium hydroxide refinery, operated by Tianqi Lithium Corp., extending a run of setbacks in the country’s attempt to move into battery metal refining.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists  ( 7 min )

Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.  ( 26 min )

“What lies ahead for the stock market?” That’s the burning question on the minds of every market and economic expert out there, and it’s undoubtedly a challenging one. Inflation has moderated to a reasonable 3% annually, and the job market is showing signs of strength. Stocks are surging, indicating that investors have factored in the risk of a potential recession. However, this leads to a problem highlighted by B. Riley’s chief investment strategist, Paul Dietrich. He points out that earnings e  ( 10 min )

Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields were a risk. The early impetus for shares was positive following Friday's U.S. data showing an easing in wage costs and core inflation, which fuelled hopes the Federal Reserve was done tightening. The Bank of England is widely expected to raise rates by at least a quarter point, but markets are more divided on whether the Reserve Bank of Australia will hike or stay on hold.  ( 8 min )

Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )

Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )

The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 18 min )

(Bloomberg) -- Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power, even as they appear skeptical that the artificial-intelligence era will live up to the hype. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bon  ( 9 min )

(Bloomberg) -- In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card Surcharg  ( 33 min )

The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 1 min )

The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 1 min )

Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 1 min )

The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 1 min )

U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 1 min )

Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 1 min )

Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 1 min )

Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 1 min )

Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 1 min )

Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 1 min )

The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 1 min )

Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 1 min )

Het Amerikaanse bedrijf Micromobility.com is van plan een bod uit te brengen op de fietsenfabrikant VanMoof. Het Amsterdamse bedrijf werd twee weken geleden failliet verklaard.  ( 3 min )

Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )

Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )

Pierre Cardin dreigt een forse boete te krijgen. Volgens de Europese Commissie heeft het Franse modehuis concurrentieregels geschonden door het merk alleen te verkopen aan specifieke EU-landen en klanten.  ( 3 min )

De prijzen van onze boodschappen blijven ook de komende maanden op een hoog niveau. Consumenten gaan daardoor steeds creatiever inkopen doen. Ze kiezen vaker voor huismerken en kopen hun producten bij discounters of andere prijsvechters.  ( 5 min )

Voeding, producten en diensten in eurolanden zijn in juli gemiddeld 5,3 procent duurder dan een jaar eerder. Daarmee is het inflatiecijfer iets gezakt, maar blijft het nog op grote afstand van de gewenste 2 procent.  ( 4 min )

Facebook-eigenaar Meta moet gegevens van een anonieme Facebook-gebruiker overhandigen aan een man die door deze persoon beschuldigd is van grensoverschrijdend gedrag. Dat oordeelde de rechtbank Den Haag in een kort geding dat de man tegen Meta aanspande.  ( 4 min )

De economie van de eurozone is in de maanden april, mei en juni gegroeid. Volgens het Europese statistiekbureau Eurostat groeide de economie 0,3 procent ten opzichte van een kwartaal eerder.  ( 3 min )

Door een verkeerde afstelling heeft NASA geen contact meer met zijn ruim 45 jaar oude Voyager 2. Vanwege een foutje wijst de antenne van de ruimtesonde niet langer naar de aarde en komen gegevens niet aan.  ( 4 min )

Volkswagen moet een schadevergoeding van 1.500 euro betalen aan een eigenaar van een tweedehands auto met sjoemelsoftware, oordeelde de rechter maandag. Het is voor het eerst dat het bedrijf moet betalen voor een tweedehands model.  ( 4 min )

Heggen, eeuwenoude bomen, velden vol orchideeën en overal wandelpaden langs graanakkers en schapenweiden. In het natuurrijke landschap van Engeland wonen 434 inwoners per vierkante kilometer. Dat zijn er meer dan in Nederland. Kunnen we daar iets van leren?  ( 5 min )

Het Verenigd Koninkrijk verleent meer dan honderd nieuwe olie- en gasvergunningen aan bedrijven voor de winning van brandstoffen in de Noordzee. De Britse regering wil op die manier energieonafhankelijker worden.  ( 2 min )

De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 5 min )

Heineken heeft in de eerste helft van 2023 minder bier verkocht. Het bedrijf verhoogde de prijzen, maar kon daarmee een lagere winst niet voorkomen.  ( 3 min )

De omzet van supermarkten was in juni 12 procent hoger dan een jaar eerder. Ze verkochten iets minder producten, maar door de prijsstijgingen kwam er toch meer geld binnen.  ( 3 min )

De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 4 min )

Diverse seinen voor de economie stonden de afgelopen tijd op rood. Het aantal faillissementen stijgt, bedrijven durven nauwelijks nog te lenen en ze maken steeds minder. Moeten we ons zorgen maken?  ( 4 min )

Water rights pertain to the legal rights of property owners to access and use bodies of water adjacent to lands they hold.  ( 19 min )

Student loan debt reached $1.77 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 26 min )

The financial considerations are different when you take out a mortgage in your 50s. Here's what you need to review as you calculate the pros and cons.  ( 24 min )

Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.  ( 21 min )

The Dodd-Frank Wall Street Reform and Consumer Protection Act is a series of federal regulations passed to prevent future financial crises.  ( 29 min )

Falling behind on bills can lead to financial headaches. Learn what options you may have if you’re unable to keep up with monthly bill payments.  ( 26 min )

Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 22 min )

A war exclusion clause in an insurance policy excludes coverage for acts of war, such as invasions, revolutions, military coups, and terrorism.  ( 19 min )

A Pell Grant is a non-repayable federal subsidy awarded to students for post-secondary education, based on financial need.  ( 27 min )

These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau. See which lender had the worst record.  ( 27 min )

XRP is the native cryptocurrency of XRP Ledger, an open-source, public blockchain.  ( 24 min )

Read on to find out how 529 plans are eligible for use as a way to pay off a portion of your student loans.  ( 25 min )

The International Monetary Fund (IMF) is an international organization that promotes global financial stability, encourages international trade, and reduces poverty.  ( 25 min )

Learn about the hierarchy of an investment bank, from the entry-level analyst to the power-wielding managing director, including salary information.  ( 25 min )

Most cryptocurrencies like bitcoin, XRP, and ether are traded via centralized exchanges. Here's how.  ( 22 min )

If you have a car you no longer need and don't plan to trade it in, you may want to sell it yourself. But make sure you know your state's laws.  ( 20 min )

Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.  ( 28 min )

Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )

Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 31 min )

Difference in conditions insurance provides expanded coverage for some perils that are not covered by standard insurance policies.  ( 18 min )

Investing refers to long-term buy-and-hold strategies that earn returns as the investment grows. Trading refers to the buying and selling of securities seeking short-term profit.  ( 24 min )

There are many reasons why it's important to have the right amount of life insurance. Don't let these simple errors leave you unprotected.  ( 26 min )

Term life insurance and universal life insurance have different term lengths and costs to consider. Universal also has a cash value component, which term life does not.  ( 21 min )

Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 23 min )

Reproduction cost refers to the costs involved with reproducing an asset or property with same specifications as insured property based on current prices.  ( 18 min )

A cedent is a party in an insurance contract who passes the financial obligation for certain potential losses to the insurer.  ( 19 min )

An inverse head and shoulders, also called a head and shoulders bottom, is inverted with the head and shoulders top used to predict reversals in downtrends.  ( 22 min )

Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 18 min )

Kim Kardashian's Skims is now worth $4 billion. Kardashian owns a 35% stake in the shapewear brand, making up most of the reality star's $1.7 billion net worth.  ( 21 min )

Most states require drivers to carry a certain amount of auto insurance and to be able to prove it if they’re pulled over by police or in an accident.  ( 20 min )

Cost-sharing reductions are a type of federal subsidy distributed as discounts that help reduce out-of-pocket costs for health care expenses.  ( 21 min )

A first-time homebuyer may qualify for special benefits and even tax breaks. And the definition of a first-time homebuyer may surprise you.  ( 25 min )

Opening a crypto exchange account is an essential step in buying SafeMoon crypto. Learn what you need to open a crypto exchange account and how to do it.  ( 26 min )

One other note, you can find me on TechCrunch's Equity podcast, a place where I will show up on a semi-regular basis, including this episode that came out Friday! The announcement runs contrary to what newly appointed CEO David Risher has told reporter Rebecca Bellan in past interviews. Risher, who is known as a big supporter of ebikes, did say the company planned to focus on its core ride-hailing business and become profitable, but it didn't seem like the two-wheeled share service was on the chopping block.  ( 10 min )

(Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 31 min )

(Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 7 min )

Walmart has paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of the Indian e-commerce giant, the Wall Street Journal reported on Sunday.  ( 30 min )

Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar? Rising interest rates, stubborn inflation and squally economic conditions are familiar foes to seasoned commercial property buyers, who typically ride out storms waiting for rental demand to rally and the cost of borrowing to fall. With remote working now routine for many office-based firms and consumers habitually shopping online, cities like London, Los Angeles and New York are bloated with buildings local populations no longer want or need.  ( 32 min )

Economists expect to see a gain of 200,000 nonfarm payrolls in the Labor Department's July jobs report coming out Friday, following a 209,000 increase in June.  ( 26 min )

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.  ( 31 min )

Cash-strapped U.S. trucking company Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. Yellow, formerly called YRC Worldwide, did not immediately respond to a Reuters request for comment. Earlier this month Yellow averted a threatened strike by 22,000 Teamsters-represented workers and last week it said it was exploring opportunities to divest its third-party logistics company.  ( 6 min )

(Bloomberg) -- Chinese firms are lining up to invest in South Korea’s battery industry because they want to use it as a gateway to the US market, undermining the Biden administration’s efforts to limit China’s involvement in the electric car supply chain. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sen  ( 8 min )

Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday. The post Yellow ceases operations appeared first on FreightWaves.  ( 30 min )

Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )

In recent months, we’ve been watching excess savings shrink, consumer debt levels begin to normalize and job growth cool. These are developments that might not lead you to assume that consumer sentiment would be improving. But it is.  ( 13 min )

Michael Gibson, who worked for Thiel for five years, made the claim in his book "Paper Belt on Fire: The Fight for Progress in an Age of Ashes."  ( 7 min )

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MI5 investigated an attempted Chinese takeover of the British satellite company OneWeb before Boris Johnson’s government rescued the company with £400m in taxpayer money, documents have revealed.  ( 32 min )

Stock markets have long moved to their own drummer, responding to forces that are sometimes quite different than what we expect. For investors, the key to success is to figure out just what force – or combination of forces – is going to impact the markets next. In a recent report from the UK-based Chatham House think tank, economy and finance program director Creon Butler points to climate change as the next market game-changer. In fact, Butler sees climate issues causing a sharp market correcti  ( 10 min )

A critical July jobs report and earnings from some of the nation's largest corporations await investors in the week ahead as the outlook for a soft landing in the Federal Reserve's fight against inflation is once again put to the test.  ( 11 min )

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How would you handle early retirement? Instead of having years of investment and growth left, what if you had to start living on your retirement accounts tomorrow? More importantly, what if you had no choice in the matter? A financial advisor can help you prepare for life’s curveballs, including forced retirement. Find a fiduciary advisor […] The post Study Says 40% of Workers Forced Into Early Retirement: Here’s How to Stay Ahead of the Curve appeared first on SmartReads by SmartAsset.  ( 9 min )

Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider.  ( 10 min )

(Bloomberg) -- US stock market traders are almost completely fearless now, which has some strategists bracing for a possible selloff. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe S&P 500 Index has gained 19% this year, pushing investors off the sidel  ( 33 min )

Investors are no longer happy with big price increases paired with volume declines.  ( 25 min )

UCLA researchers studied 2,500 companies to determine which could reap the most benefit from the productivity gains generative AI enables.  ( 28 min )

(Bloomberg) -- A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe agre  ( 34 min )

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest rates and easing inflation.  ( 25 min )

The industry is trying to rebound from years of losses owing to storms, fires and inflation.  ( 21 min )

Cash-like investments are offering their highest rates since 2001, offsetting rising interest costs.  ( 26 min )

AI, artificial intelligence, has come into its own in recent years. Machine learning technology has found its way into a wide range of day-to-day activities, from internet searching to marketing and advertising to just driving down the highway. Artificial intelligence promises to change the way that we interact with the world and with computers, and the launch of ‘generative AI,’ embodied in real-language chatbots like ChatGPT, shows just how close that promise is. The emergence of any new techn  ( 35 min )

It was a dire warning. Chancellor Kwasi Kwarteng was told in no uncertain terms last September that his financial war chest was evaporating.  ( 33 min )

Saudi Arabian Mining Company, known as Ma'aden, has agreed to acquire a 10% stake in Brazil's base metals company Vale, it said in a bourse statement on Sunday, as part of a strategy to invest in global mining assets. Ma'aden, through Manara, its joint venture established with the Public Investment Fund, on Thursday signed a binding agreement to acquire the 10% stake in Vale Base Metals, based on an enterprise value of $26 billion. "Manara’s investment into Vale will play a key role in helping it expand the production of copper and nickel across its asset portfolio, which are critical to the development of new technologies that will benefit the global energy transition," the company statement said.  ( 30 min )

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla is knocking on India’s door; Stellantis and rivals come together to challenge Tesla's charging-standard dominance; and an electrifying alliance between Volkswagen and Xpeng.  ( 8 min )

Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China.  ( 25 min )

In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )

In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )

Israël gaat 24,5 miljard euro investeren in uitbreiding van het spoornetwerk. Dat maakte de Israëlische premier Benjamin Netanyahu zondag bekend.  ( 3 min )

Pinnen in vreemde valuta, geld opnemen met je creditcard of een gang naar het wisselkantoor kunnen meer geld kosten dan nodig. Tenzij je goed oplet. Pin dus niet direct naast het Louvre en let op waarvoor je je creditcard gebruikt.  ( 4 min )

Frankrijk wil een betere toegang tot de Chinese markt en ook een "evenwichtigere" handelsrelatie met het land. Dat heeft de Franse minister van Financiën Bruno Le Maire gezegd na gesprekken met hoge Chinese functionarissen, onder wie vicepremier He Lifeng.  ( 4 min )

Oekraïne heeft komende winter voldoende energie om woningen te verwarmen en de lichten te laten branden, ondanks de zware Russische aanvallen op belangrijke energie-infrastructuur in het land. Dat heeft de Oekraïense energieminister German Galjoesjenko gezegd in een interview.  ( 3 min )

Bruiloften met tweehonderd gasten zijn niet langer de norm, zien weddingplanners. Bruidsparen kiezen er steeds vaker voor om verre familieleden en kennissen thuis te laten. Geld is niet het voornaamste motief.  ( 4 min )

Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 1 min )

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Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )

Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )

Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; Twitter rebranding to "X"; and hackers infecting Call of Duty with self-spreading malware. Elsewhere, we dive into a North Korean hacking group, foreign Chinese visitors' newfound ability to go cashless, and the rollout of Sam Altman's Worldcoin eyeball-scanning crypto project.  ( 9 min )

(Bloomberg) -- Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year.Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe closely wa  ( 34 min )

(Bloomberg) -- Bets on a bond-market rally aren’t in the clear just yet.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99Federal Reserve Chair Jerome Powell on Wednesday appeared to give traders the positive signal they’ve been waiting for — that the central  ( 33 min )

A four-branch bank in southwestern Kansas became the fourth bank to be seized by regulators so far this year and the fifth to fold.  ( 7 min )

One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has been stalled by a standoff with the Teamsters union.  ( 27 min )

(Bloomberg) -- The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of bankers are anything to go by. Most Read from BloombergThe Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersBodegas Put on Notice as Visa Fights Back on Card SurchargesTraders Are Risking It All on Bets That Market Boom Will LastAfter delivering a fresh interest-rate hike Wednesday, Federal Reser  ( 33 min )

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GE's stock is hitting 52-week highs, as it advances in its multi-year turnaround plan.  ( 10 min )

Canary Wharf is at its emptiest since 2005, according to new analysis, compounding fears over the future of the financial district as big names continue to abandon their offices.  ( 31 min )

Amazon and Microsoft have warned that their investment in Britain is threatened by moves to loosen their stranglehold on the £15bn cloud computing market, in the latest escalation of tensions between regulators and Big Tech.  ( 8 min )

(Bloomberg) -- All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersIt is  ( 32 min )

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(Bloomberg) -- The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.Most Read from BloombergThe Pizza That’s Taking Over the USLargest US Grid Declares Emergency Alert For July 27China’s Push to Expand BRICS Membership FaltersTraders Are Risking It All on Bets That Market Boom Will LastSpaceX Falcon Heavy Rocket Deploys Massive SatelliteIn recent months, Visa Inc. lowered the maximum amount retailer  ( 9 min )

This method of identifying the cost basis of the stocks you buy and sell can help you pay less in capital gains taxes.  ( 23 min )

(Bloomberg) -- With the Federal Reserve nearing the end of its most disruptive monetary-tightening campaign in a generation, a softening US dollar is poised to boost profit growth for nearly half of the companies in the S&P 500 Index over the next year. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99SpaceX  ( 33 min )

Boaz Weinstein’s Saba Capital has been buying up shares in three closed-end funds.  ( 25 min )

A new study shows more than half of the 115,000 new semiconductor manufacturing jobs created this decade could go unfilled.  ( 19 min )

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If you're saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research … Continue reading → The post This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds appeared first on SmartAsset Blog.  ( 9 min )

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It's a grim retirement forecast for Generation X workers–those who are now between the ages of 41 and 56. Many in the so-called latchkey kid generation, who may have muddled through a childhood with less parent hand-holding than millennials and boomers, are now in need of some serious nurturing, according to a new report published by the National Institute on Retirement Security (NIRS).  ( 9 min )

Fact-Checked by: Jeff White | Edited by: Mike Obel The prospect of investing a large sum of money can be both exhilarating and daunting. With the right approach, there’s a potential for significant wealth growth, but there’s also inherent risk involved. The importance of sound asset diversification and risk management can’t be overstated. They can […] The post How to Invest Large Sums of Money appeared first on SmartReads by SmartAsset.  ( 8 min )

Many people dream of owning a chunk of land and putting their dream house on it. Maybe you fantasize about pulling out all the stops and designing a home with every feature you've ever wanted. Well, to make that dream, … Continue reading → The post How to Buy Land and Build Your Dream House appeared first on SmartAsset Blog.  ( 33 min )

The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United States fell by more than 10 percentage points over … Continue reading → The post What It Takes to Be Middle Class in America's Largest Cities – 2023 Study appeared first on SmartAsset Blog.  ( 10 min )

(Bloomberg) -- As Bitcoin roars back after a year of crypto industry scandals and losses, Mike Novogratz says one man in particular gives him reason to stay bullish.Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive Satellite“The most important thing that happened this  ( 33 min )

C.F. Martin & Co. in Pennsylvania, established nearly 200 years ago, is adjusting to a changing economy.  ( 22 min )

Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 19 min )

The U.S. is on the verge of facing significant challenges as negotiations between UPS workers and the parcel courier's management remain unresolved. If an agreement isn't reached, approximately 340,000 employees could go on strike next month, resulting in widespread consequences for the nation. The last UPS strike in 1997 had far-reaching effects. With the company's operations slowing to a near standstill, other shipping carriers like FedEx Corp. and the U.S. Postal Service struggled to manage t  ( 31 min )

Passive bond funds have beaten active managers since the U.S. central bank started tightening interest rates.  ( 25 min )

The cloud software provider has kept sales growth strong, setting up a big AI upsell.  ( 25 min )

The banks with sizable deposit declines in the second quarter were some of the biggest lenders in the industry.  ( 10 min )

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Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 20 min )

“My biggest concern is that there’s insufficient urgency,” the billionaire tells energy executives.  ( 26 min )

(Bloomberg) -- Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both industries face persistently high energy costs during the transition to cleaner fuels, according to the head of one of the continent’s leading ports.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27The Pizza That’s Taking Over the USChina’s Push to Expand BRICS Membership FaltersClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeSubway  ( 6 min )

Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles and are hunting for potential acquisitions.  ( 26 min )

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Florida has long had hurricanes. But climate change is kicking in, the population of the state is growing, and private insurers are leaving the state. The result: skyrocketing premiums and costly litigation.  ( 26 min )

Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )

An act of God is a phrase used to describe an event outside of human control, such as a natural disaster.  ( 21 min )

The bond market can be broken down into three main groups: issuers, underwriters, and purchasers. Learn what each set of players is responsible for.  ( 22 min )

Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )

A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.  ( 24 min )

Learn what the major factors are that can lead to changes in a company's dividend payouts and drive increases in dividends per share.  ( 21 min )

A lien is an encumbrance, but not all encumbrances are liens. Learn about the distinction between these two property rights.  ( 19 min )

Issue-age policy refers to healthcare insurance whose premium rate is dependent on the age of the individual who purchases it.  ( 22 min )

The dividend discount model (DDM) is only as good as your assumptions make it. Learn how this model can work for you in valuing stocks.  ( 22 min )

When a CD reaches its maturity date, you have a few options. In this guide, we'll take you through them.  ( 22 min )

A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 27 min )

Certificates of deposit (CDs) and savings accounts are two ways to earn interest on your savings. Here's how to decide which is right for you.  ( 24 min )

A holding company is a company that owns other companies and oversees their operations but exists solely to operate those subsidiaries.  ( 25 min )

Mortgage servicing rights (MSR) allow a third party to purchase rights to service their mortgages.  ( 21 min )

How blockchain ETFs work and the risks associated with such theme-based investments.  ( 21 min )

This method of identifying the cost basis of the stocks you buy and sell can help you pay less in capital gains taxes.  ( 23 min )

A new study shows more than half of the 115,000 new semiconductor manufacturing jobs created this decade could go unfilled.  ( 19 min )

Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 18 min )

Employers looking for the best talent must be efficient and open to negotiating, according to Robert Half survey results.  ( 17 min )

SEC Form 10 is a filing with the SEC used to register a class of securities in preparation for potential trading on U.S. exchanges.  ( 21 min )

A vendor take-back mortgage is when the buyer borrows funds from the seller to help finance the purchase of the property.  ( 20 min )

Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 20 min )

Unlike stocks, most bonds are traded over the counter (OTC) in secondary market rather than through exchanges due to their diversity and difficulty in listing current prices.  ( 21 min )

The Dow Jones Industrial Average (DJIA) aims to reflect the stock market by tracking the titans of U.S. industry. What did that mean in 1896?  ( 19 min )

Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 1 min )

Farmaceut Johnson & Johnson mag een faillissementszaak niet gebruiken om tienduizenden mensen onder druk te zetten om een schikking van omgerekend 8 miljard euro te accepteren. Dat heeft een Amerikaanse rechter bepaald.  ( 4 min )

Adidas gaat opnieuw een deel van de spullen die voortkwamen uit de samenwerking met Ye verkopen. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper.  ( 3 min )

Adidas gaat opnieuw een deel van de spullen verkopen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye.  ( 3 min )

De Europese Unie heeft de financiële hulp aan Niger stopgezet vanwege de militaire staatsgreep in het land. Een generaal wierp zich vrijdag op als de nieuwe leider van het land.  ( 4 min )

Het Internationaal Monetair Fonds gaat Argentinië omgerekend zo'n 6,8 miljard euro lenen. Dat geld is bedoeld om het noodlijdende land economisch gezien op de been te houden nu Argentinië in de aanloop naar de verkiezingen waarschijnlijk weer een turbulente periode tegemoetgaat.  ( 4 min )

Formule 1-fans zijn nog niet te laat als ze nog een overnachting in Zandvoort willen boeken voor tijdens het raceweekend van over minder dan een maand. Verschillende campings en vakantieparken hebben in het laatste weekend van augustus nog plek.  ( 4 min )

Formule 1-fans zijn niet te laat om een overnachting te boeken tijdens het raceweekend over minder dan een maand in Zandvoort. Verschillende campings en vakantieparken hebben in het laatste weekend van augustus nog plek.  ( 4 min )

Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 1 min )

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The debt-laden freight carrier dismissed parts of its sales force, business staff and IT workers as it prepares a bankruptcy filing.  ( 26 min )

A New Jersey bankruptcy judge threw out the second chapter 11 case that Johnson & Johnson filed to resolve its mass talc liabilities, again shutting down the healthcare-product company’s plan to achieve an $8.9 billion settlement.  ( 29 min )

Analysts weigh in on Alphabet, Meta Platforms, Sherwin-Williams, Boeing, RTX Corp., and FS KKR Capital.  ( 26 min )

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The Liberty Media cluster of companies is dauntingly complicated for investors. Now may be the right time to get in.  ( 25 min )

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A resilient U.S. economy and expectations of a nearing peak in the Federal Reserve’s monetary policy tightening cycle are emboldening stock investors, even as worries persist over rising valuations and the potential for inflation to rebound. The S&P 500 is up nearly 19% this year after gaining around 1% in the past week. One key factor driving stocks higher has been the view that the economy is moving towards a so-called Goldilocks scenario of ebbing consumer prices and strong growth that many believe is a healthy backdrop for stocks.  ( 8 min )

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A judge in Florida on Friday refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize the governor's takeover of Disney World’s governing district. The judge in state court in Orlando denied Disney's motion in the lawsuit that says the company wrongly stripped appointees of powers over design and construction at Disney World when it made agreements with predecessors, who were supporters. The case is one of two lawsuits stemming from the takeover, which was retaliation for the company’s public opposition to the so-called Don’t Say Gay legislation championed by DeSantis and Republican lawmakers.  ( 7 min )

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Because container liner profits plummeted off an extraordinarily high peak, some carriers are still posting hefty profits despite huge declines. The post Container shipping giant CMA CGM still earning over billion a quarter appeared first on FreightWaves.  ( 32 min )

(Bloomberg) -- Natural gas tycoon Charif Souki has put his sprawling Colorado ranch into bankruptcy in order to repay lenders he alleges undermined earlier attempts to retire his personal debt and tanked the value of Tellurian Inc.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27The Pizza That’s Taking Over the USClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeChina’s Push to Expand BRICS Membership FaltersSubway Offers Free Sandwiches That Com  ( 7 min )

A pair of money managers offer some of their favorite small-cap stocks, from snack foods to bearings to airplane leasing. They’re relatively cheap and poised to outperform many of the large-caps.  ( 27 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

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Apple, Inc (NASDAQ: AAPL) was rising about 1.6% on Friday, continuing to trek mostly north within a rising channel pattern, which Benzinga called out on July 19. The Cupertino, California-based company’s pattern is bullish, at least for the short-term. Apple is also trading in an inside bar pattern, indicating a period of consolidation, which is usually followed by a continuation move in the direction of the current trend. An inside bar pattern has more validity on larger time frames (four-hour  ( 8 min )

(Bloomberg) -- After more than a decade, New York Community Bancorp has finally won over JPMorgan analysts.Most Read from BloombergThe Pizza That’s Taking Over the USLargest US Grid Declares Emergency Alert For July 27China’s Push to Expand BRICS Membership FaltersClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeSubway Offers Free Sandwiches That Come With a Lifetime CommitmentThis year the regional bank scooped up the failed Signature Bank’s deposits and lured six privat  ( 7 min )

(Bloomberg) -- Industrial shares are on a tear, junk-bond spreads are narrowing, quants are ramping up Treasury shorts and everyone is piling into stocks.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersWall Street Rekindles Risk-On ‘Goldilocks’ Trade: Markets WrapWhat once was a posture of skepticis  ( 8 min )

Stocks rose after another indicator showed inflation pressures continue to ease in the US.  ( 7 min )

Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 18 min )

The stock rallied on Friday in response to the chip maker's financial results but analysts foresee near-term pressures.  ( 26 min )

While shares of Ford were falling Friday, weighed down by downbeat news about its EV line, some other electric automakers were rising to finish the week. One was Tesla, shares of which were  ( 22 min )

Market moves this week offer a chance for investors to scoop up some attractive names following selloffs.  ( 26 min )

Real estate investment trusts (REITs) have had their share of tough times since the beginning of 2022, but 2023 seems to be ushering in a more positive view by analysts, and July has seen a number of stock upgrades and increased price targets. Analysts are seeing better times ahead, assuming the Federal Reserve eases up on the severity and duration of interest rate hikes. Goldman Sachs' recent revision of recession odds from 25% to 20% over the next year is also augmenting the projections for RE  ( 33 min )

During earnings season, some investors must decide whether to await earnings reports before purchasing shares of stocks they've been monitoring, while others contemplate whether it's better to hold or sell the stocks they already own before the reports are released. One ironic thing about Wall Street's reaction to earnings is that sometimes whether a company beats or misses estimates holds more significance than whether the actual earnings — or funds from operations (FFO) for most real estate in  ( 32 min )

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After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — heightening risk for future liquidation. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow's ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation's largest less-than-truckload carriers.  ( 8 min )

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Yellow is firing an unknown number of nonunion employees who work in sales, information technology and customer service. The post Yellow lays off portions of at least 3 major corporate teams appeared first on FreightWaves.  ( 7 min )

Alcoa is out of favor on Wall Street, and it’s getting worse. The stock has slid right along with sentiment. Shares are down about 30% over the past 12 months, while the S&P 500 is up 13%.  ( 26 min )

(Bloomberg) -- Dell Technologies Inc. Co-Chief Operating Officer Chuck Whitten is resigning next month as the hardware giant grapples with a historic slowdown in computer demand.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersS&P 500 Up 1% as ‘Goldilocks’ Data Embolden Bulls: Markets Wrap“After disc  ( 7 min )

Roku stock soared double-digits on Friday on the heels of solid Q2 earnings but a "muted" TV ad market will challenge the company in the back half of the year.  ( 32 min )

Wedbush analyst Dan Ives picked up coverage of the company with an Outperform rating and a $25 target price.  ( 26 min )

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A judge is expected to rule soon on whether J&J can use a controversial bankruptcy strategy to dispose of roughly 100,000 claims.  ( 10 min )

The stock was down by a double-digit percentage after the company said it would cut shipments to counter rising inventory in its sales channels.  ( 26 min )

Block upgraded, Southwest downgraded: Wall Street's top analyst calls  ( 33 min )

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Stocks were setting up for a rebound on Friday after another indication inflation pressures continue to ease in the US.  ( 7 min )

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It’s no secret that the big gains in the stock market this year have been on account of only a select number of equities surging ahead – namely, the Mega Caps, and mostly ones with AI exposure. While that has raised concerns among market watchers that the rally is not really as strong as it appears and masks a more fragile market, Sharmin Mossavar-Rahmani, head of the investment strategy group at Goldman Sachs, disagrees with such a prognosis. In fact, Mossavar-Rahmani thinks that if history is  ( 10 min )

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Stocks were setting up for a rebound on Friday after another indication inflation pressures continue to ease in the US.  ( 7 min )

A renewed focus on lower costs and doing what it does best could help Walt Disney stock recover from a long slump.  ( 44 min )

U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Inflation as measured by the personal consumption expenditures (PCE) price index increased 0.2% last month after edging up 0.1% in May, the Commerce Department said on Friday. The annual core PCE price index rose 4.6% in May.  ( 6 min )

It’s a merger Friday, and that means payday for shareholders of Reata Pharmaceuticals. Shares of Reata, which specializes in developing drugs to treat rare neurologic diseases, are up 51% in premarket trading. Biogen announced it [plans to acquire Reata](https://www.wsj.com/articles/biogen-to-buy-r  ( 22 min )

Procter & Gamble reports fiscal fourth-quarter earnings of $1.37 a share on revenue of $20.6 billon, beating Wall Street forecasts.  ( 26 min )

P&G CEO Jon Moeller offers up a promising outlook on inflation in the U.S.  ( 8 min )

XPeng shares caught another upgrade following this week's announcement of a new partnership with Volkswagen. T  ( 26 min )

The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases.  ( 24 min )

Biogen will acquire Reata for $172.50 a share in cash, expanding its portfolio of neuromuscular disease treatments.  ( 26 min )

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Procter & Gamble reports fiscal fourth-quarter earnings of $1.37 a share on revenue of $20.6 billon, beating Wall Street forecasts.  ( 26 min )

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(Bloomberg) -- Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest decline since the 2014-2016 oil-market crash — amid weaker natural gas prices and shrinking returns from fuel sales. Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27Subway Offers Free Sandwiches That Come With a Lifetime CommitmentBOJ Sends Yields Soaring With Surprise Change to Rate LimitHawkish Tone in Japan Is All It Takes to Rattle Global Market  ( 9 min )

Biogen said it would buy biotech firm Reata Pharmaceuticals for roughly $6.5 billion to expand its presence in the rare disease drugs market. Biogen will pay $172.50 per share in cash, which represents a 58.9% premium to Reata's last closing price. It expects to finance the acquisition with cash on hand, supplemented by the issuance of term debt, Biogen said.  ( 6 min )

The car maker reported earnings per share of 78 cents and an operating profit of $3.8 billion. Wall Street was looking for 54 cents and $3.2 billion, respectively.  ( 26 min )

"I’m a long-term optimist, but we gotta face these issues," Jamie Dimon says in a wide-ranging interview with Louisville Business First.  ( 19 min )

Exxon Mobil Corp on Friday reported a 56% slump in second-quarter profit, joining rivals hurt by a sharp drop in energy prices but delivering results in line with an earnings preview the oil major released earlier this month. Chevron Corp, Shell and TotalEnergies have reported profit falls of 48%, 56% and 49%, respectively. Yet excluding last year's record second quarter, Exxon posted its strongest result for the months of April to June in more than a decade, helped by cost cuts and the sale of less profitable assets.  ( 8 min )

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Procter & Gamble Co beat analysts' estimates for quarterly sales on Friday, as the consumer goods giant benefited from multiple price hikes and resilient demand for its cleaning products, paper towels and other household products. The Tide detergent maker's fourth-quarter net sales rose to $20.55 billion, from $19.52 billion a year earlier. Analysts on average had expected $19.98 billion, according to IBES data from Refinitiv.  ( 6 min )

Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped.  ( 25 min )

Stocks were setting up for a rebound on Friday, as investors prepared for the release of the Federal Reserve's favorite inflation measure and after a surprise Bank of Japan rate shift rattled markets.  ( 7 min )

Appetite for solar equipment has been tepid in the United States due to lukewarm demand in states such as Texas and Arizona where cheaper electricity prices make the economics of residential solar less attractive. Shares of rival SolarEdge Technologies Inc, which is expected to report results on August 1, slid 6.3%.  ( 7 min )

Exxon Mobil Corp joined its rivals reporting a 56% slump in second quarter profit from a year ago, hurt by a drop in energy prices, in line with the midpoint of the company's earnings preview released earlier this month. Oil majors' profits fell sharply in the quarter from record levels a year earlier as oil and gas prices came off last year's highs that were driven by Russia's invasion of Ukraine. Profits at Chevron Corp, Shell and TotalEnergies shrank by 48%, 56%, 49% in the quarter, respectively.  ( 8 min )

The Dow snapped its longest winning streak since 1987 in the previous session as U.S. Treasury yields pressured stocks lower after news that the Bank of Japan will allow long-term interest rates to rise. On Friday, the Bank of Japan made its yield curve control policy more flexible and loosened its defense of a long-term interest rate cap, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. Chipmaker Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up 7.1% in premarket trading.  ( 8 min )

Intel stock climbed Friday after its revenue forecast beat expectations but there are still concerns about competition from Nvidia and AMD for data-center chips.  ( 26 min )

A look at past years shows that hot starts like 2023 usually end well for investors.  ( 7 min )

The investing factor behind Warren Buffett’s success is due for a strong run—or is it?  ( 25 min )

Intel reports a surprise second-quarter profit, Ford delays its electric-vehicle production goals, Roku posts a narrower-than-expected loss, and Enphase Energy's revenue forecast misses expectations.  ( 26 min )

U.S. stock market futures were pointing to a positive open on Friday after the previous day’s falls, with investors looking forward to key inflation and employment cost data. Dow Jones Industrial Average futures were up 117 points, or 0.3%, early on Friday. The Dow snapped a 13-day winning streak o  ( 13 min )

Investors in a high tax bracket can lock in an effective after-tax yield of 5% to 7% in very safe securities.  ( 26 min )

France's Atos raised its full-year organic revenue growth target on Friday, pointing to improving commercial traction and high demand, even as its half-year sales came slightly below expectations. The IT consultancy group expects its 2023 organic revenue to be in line with last year's or to rise by up to 2%, compared to its prior range of -1% to 1%. Its revenue for the six months through June was 5.5 billion euros ($6 billion), below the 5.57 billion euros expected by analysts polled by Refinitiv Eikon.  ( 6 min )

(Bloomberg) -- The Bank of Japan jolted financial markets by loosening its grip on bond yields in Governor Kazuo Ueda’s first surprise move since taking the helm, a step that will likely spur talk of potential policy normalization to come. The yen whipsawed to give back some of its earlier sharp gains against the dollar.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worr  ( 8 min )

A renewed focus on lower costs and doing what it does best could help Walt Disney stock recover from a long slump.  ( 44 min )

The letter sent by Leslie Brock, chief of the AG's public finance division, to lawyers who work on bond deals in Texas said that officials are seeking to determine whether Wells Fargo has a practice or policy that "discriminates against a firearm entity or firearm trade association," Bloomberg News reported. "We have been cooperating with the Texas AG's Office and continue to affirm our standing letter that was provided to that office," the company said. The public finance division, which oversees most municipal bond offerings in Texas, will decide by Aug. 25 whether the bank is a "discriminating company," according to Bloomberg News.  ( 7 min )

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"He virtually came close to saying there's balanced risks out there," Siegel said of Powell.  ( 30 min )

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing.  ( 25 min )

Reverse psychology can be considered a desired quality in the stock market. It is only natural to gravitate toward the leaders in any field, and an investor’s urge to hop on the latest surging stock in search of those sweet gains is understandable. However, anyone familiar with the ins and outs of investing will repeatedly say that overused mantra: ‘buy low, sell high.’ In recognizing that low price, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking o  ( 34 min )

(Bloomberg) -- (This story was originally published on March 29. Bank of Japan policymakers meet today, with investors speculating that they will loosen their tight grip on interest rates.)Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreUS Growth Accelerates to 2.4% on Resilie  ( 35 min )

U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.  ( 1 min )

The Dow Jones recovered from yesterday’s selloff to gain 0.5% as investors hoped that slowing inflation would end Fed rate hikes.  ( 1 min )

Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.  ( 1 min )

Intel shares jumped after the chipmaker reported higher-than-expected revenue on strong PC sales and shares of Ford fell after the automaker revealed slow EV adoption in its earnings report. Here’s what investors need to know today.  ( 1 min )

Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 1 min )

Biogen said it was buying Reata Pharmaceuticals for $7.3 billion, expanding its rare disease treatment portfolio.  ( 1 min )

Understand how split-dollar life insurance plans between an employer and employee are designed and about their tax regulations.  ( 22 min )

Subprime is a classification of borrowers with tarnished or limited credit histories. Subprime loans are perceived as riskier, so lenders charge higher interest rates on them.  ( 22 min )

The Dow Jones recovered from yesterday’s selloff to gain 0.5% as investors hoped that slowing inflation would end Fed rate hikes.  ( 17 min )

Bloomberg is synonymous with investment information. Its media outlet and software/hardware are used by most, if not all, professional money managers.  ( 21 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )

Discover the size of the global oil export market and its contribution to global GDP. Learn more about the biggest oil exporters in the world today.  ( 24 min )

U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.  ( 17 min )

Biogen said it was buying Reata Pharmaceuticals for $7.3 billion, expanding its rare disease treatment portfolio.  ( 16 min )

Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 17 min )

Find out how the largest speculative attempt to corner the market went awry.  ( 20 min )

Explore the differences between the market price and net asset value of an exchange-traded fund (ETF). Learn more about the factors that affect each.  ( 22 min )

The Index of Consumer Sentiment jumped 11% from June to July, hitting its highest since October 2021.  ( 17 min )

The demise of cable TV has been written about for many years but cable continues to hang on. This article discussed why cable is faced with these issues.  ( 18 min )

"Buy now, pay later" allows consumers to make purchases with short-term loans. Learn how "buy now, pay later" compares to layaway installment plans.  ( 24 min )

A Section 1031 "like-kind" exchange may be the answer if you are looking to sell your investment property and avoid costly capital gains taxes.  ( 26 min )

Need to know the difference between real estate tax and property tax? These terms seem the same and may be used interchangeably but they differ  ( 22 min )

Wages and salaries for private-sector workers grew 1% in the second quarter of 2023, the smallest increase since the second quarter of 2021.  ( 18 min )

A reverse mortgage can be a lifeline or a hazard to a homeowner's financial security.  ( 19 min )

Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.  ( 16 min )

Procter & Gamble exceeded earnings and revenue estimates on higher prices, though the company warned macroeconomic challenges could impact its fiscal 2024 results.  ( 16 min )

A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 21 min )

Mortgage rates rebounded yesterday, continuing a recent pattern of up and down movements within the lower-7% range. But all jumbo loan averages held steady for a second day.  ( 21 min )

Exxon Mobil became the latest big energy company to post sinking profit and sales because of lower oil and gas prices.  ( 16 min )

A subprime mortgage—now known as nonprime mortgages—is a type of loan granted to those who would not be able to qualify for conventional home mortgages.  ( 25 min )

AstraZeneca's shares rose on Friday after it announced the purchase of Pfizer's rare disease portfolio for up to $1 billion and reported better-than-expected financial results on strong sales of its cancer drugs.  ( 17 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 19 min )

Find out how the Kohl's credit card works and how shoppers can generate bigger savings throughout the year as a Kohl's cardholder.  ( 23 min )

If you have permanent life insurance, more of your insurance premium goes to cash value in the early years of your policy. Find out how cash value increases over time.  ( 24 min )

Consumer prices, as measured by the Personal Consumption Expenditures Price Index, rose 3% in June from a year ago, down from an annual rate of 3.8% in May, and the lowest since March 2021.  ( 17 min )

A public bank is owned by the government and focuses on financing public policy goals to meet unique community needs. Learn more about public banks in the U.S.  ( 24 min )

If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.  ( 22 min )

Forex traders can see substantial benefits from capital gains in the form of a small pip profit over time, but with considerable leverage, a single pip can result in a hefty return.  ( 22 min )

Intel shares jumped after the chipmaker reported higher-than-expected revenue on strong PC sales and shares of Ford fell after the automaker revealed slow EV adoption in its earnings report. Here’s what investors need to know today.  ( 18 min )

A surprise earnings beat for Intel gave investors hope that the chipmaker can mount a recovery after two quarters of losses.  ( 18 min )

Learn more about how the income and substitution effects operate in economics and how to separate either of these while calculating the price effect.  ( 22 min )

De adviesprijs voor een liter Euro95 is vrijdag richting de 2,20 euro gegaan. Dat is bijna 20 cent meer dan aan het begin van deze maand.  ( 4 min )

Supermarktketens Nettorama en Boni gaan samen verder. Dat hebben de bedrijven vandaag aan hun medewerkers verteld. De twee ketens gaan verder onder de naam Nettorama, de naam Boni zal geleidelijk verdwijnen.  ( 4 min )

Crypto.com heeft een registratie bij De Nederlandse Bank gekregen, omdat het aantoonde aan de antiwitwaseisen van de toezichthouder te voldoen. De vergunning is noodzakelijk voor de cryptobeurs om in Nederland zaken te doen.  ( 3 min )

De adviesprijs voor een liter Euro95 is vrijdag richting de 2,20 euro gegaan. Dat is bijna 20 cent meer dan aan het begin van deze maand.  ( 3 min )

De inflatie in Duitsland en Frankrijk is in juli iets afgenomen. Dat betekent dat de prijzen minder sterk zijn gestegen. Maar in dit tempo duurt het nog even voordat de inflatie in die landen op de gewenste 2 procent zit.  ( 3 min )

Crypto.com heeft een registratie bij De Nederlandse Bank gekregen, omdat het aantoonde aan de antiwitwaseisen van de toezichthouder te voldoen. De vergunning is noodzakelijk voor de cryptobeurs om in Nederland zaken te doen.  ( 3 min )

Toen Instagram met een alternatief kwam voor Twitter openden binnen een week 100 miljoen mensen een account. Maar ruim de helft van hen gebruikt de dienst al niet meer, zei Meta-directeur Mark Zuckerberg donderdag in een bijeenkomst met werknemers.  ( 4 min )

Supermarktketens Nettorama en Boni gaan samen verder. Dat hebben de bedrijven vandaag aan hun medewerkers verteld. De twee ketens gaan verder onder de naam Nettorama, de naam Boni zal geleidelijk verdwijnen.  ( 3 min )

WhatsApp brengt een nieuwe functie uit die gebruikers snel laat reageren met een videobericht. Dat gaat volgens de makers op dezelfde manier als bij een spraakbericht, maar dan met beeld.  ( 3 min )

Het bedrijf Tupperware is in een week tijd ruim drie keer zoveel geld waard geworden. Beleggers hebben opeens veel hoop op een ommekeer bij het bedrijf dat in de afgelopen jaren steeds minder Tupperware-bakjes verkocht.  ( 3 min )

De Franse economie is in het tweede kwartaal onverwacht hard gegroeid. Het bruto binnenlands product (bbp) groeide met 0,5 procent. Dit kwam vooral doordat de export steeg en bedrijven meer produceerden.  ( 3 min )

KLM zag zijn inkomsten de afgelopen maanden groeien door hogere prijzen en doordat passagiers vaker voor luxere zitplaatsen kozen. Daarmee compenseerde het bedrijf de schade van het schrappen van Transavia-vluchten.  ( 4 min )

IKEA bestaat vrijdag 80 jaar en is alweer 45 jaar aanwezig in ons land. Het Zweedse woonwarenhuis blijft door het unieke assortiment mateloos populair. Het is dan ook een ijzersterk merk, zeggen deskundigen.  ( 3 min )

SAO PAULO (Reuters) -Brazilian miner Vale said on Thursday it reached two separate agreements to sell a 13% stake in its base metals business for $3.4 billion, aiming to boost its copper and nickel output. The sale is part of Vale's strategy to unlock more value from its nickel and copper assets, given expectations for soaring demand for the metals from the electric vehicle market. A joint venture formed by Saudi Arabian Mining Co (Ma'aden) and the country's Public Investment Fund (PIF) will acquire 10% of Vale's base metal unit, while U.S. investment firm Engine No. 1 will acquire 3%.  ( 7 min )

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The bank hasn't explained why person-to-person payments, bill processing and account-transfer services went down for parts of two days this week. But observers suspect glitches in its legacy systems could occur at other financial institutions and increasingly affect real-time payment networks.  ( 10 min )

Faced with skyrocketing housing prices and rising interest rates, homeowners are searching for home equity lines of credit (HELOCs) at record rates, according to an analysis of Google search data. Searches for “HELOC” skyrocketed 305% so far this year, according to the analysis commissioned by California-based luxury real estate firm RubyHome. “Homeowners that bought a few years ago at lower prices and lower interest rates can feel trapped,” RubyHome CEO Tony Mariotti. “If they’ve considered buy  ( 6 min )

Over the past few months, the real estate investment trust (REIT) sector has experienced a great deal of merger and acquisition (M&A) activity. The M&A deals are motivated by various reasons, such as to expand market share, diversify products or services, increase revenue or earnings and reduce competition. Ideally, the benefits of M&As should go directly to shareholders of the merging companies. But sometimes shareholders of the acquiring company may balk at the deal, thinking the company is pa  ( 10 min )

T-Mobile CEO says his telecom is just getting started on the outperformance of investor expectations.  ( 8 min )

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(Bloomberg) -- It didn’t take much to scare American investors who’ve been pushing risk assets higher for the better part of a year.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreUS Growth Accelerates to 2.4% on Resilient Consumers, CompaniesNews that Japanese policy makers a  ( 32 min )

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See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

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BlackRock Inc. Co-Founder and CEO Larry Fink wants to "democratize" Bitcoin through a spot trading Bitcoin exchange-traded fund (ETF) Fink filed an application for the spot Bitcoin ETF on June 15 with the Securities and Exchange Commission (SEC). The application was rejected due to concerns regarding market manipulation. "We believe we have a responsibility to democratize investing. We've done a great job, and the role of ETFs in the world is transforming investing. And we're only at the beginni  ( 9 min )

(Bloomberg) -- Intel Corp. shares gained after the chipmaker gave a bullish revenue forecast for the current period, indicating that demand for computer components is improving and a long-awaited comeback may be underway.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to 22-Year High, Leaves Door Open for MorePowell Has Stopped Handing Gifts to Wall Street on Fed DayUS Growth Accelerates to 2.4% on Resilient Consumers, Companies  ( 8 min )

(Bloomberg) -- Intel Corp. shares gained after the chipmaker gave a bullish revenue forecast for the current period, indicating that demand for computer components is improving.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to 22-Year High, Leaves Door Open for MorePowell Has Stopped Handing Gifts to Wall Street on Fed DayUS Growth Accelerates to 2.4% on Resilient Consumers, CompaniesLargest US Grid Declares Emergency Alert For  ( 7 min )

Chip maker had recorded two consecutive quarters of record losses  ( 26 min )

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(Reuters) -Ford Motor Chief Executive Jim Farley on Thursday outlined a significant change in the automaker's product strategy, slowing the ramp-up of money-losing EVs, shifting investment to Ford's commercial vehicle unit and citing plans to quadruple sales of gas electric hybrids over the next five years. He described the company's high-margin Ford Pro commercial business as a "powerhouse" and said the company now expects to launch more gas-electric hybrids. Ford plans to quadruple sales of gas-electric hybrids in the next five years, as it struggles to reduce the cost of its money-losing first-generation battery electric vehicles, executives said.  ( 8 min )

Ford stock is higher after hours after the automaker reported strong second quarter earnings and also upped its full-year profit forecast, though it did project steeper annual losses in its EV division.  ( 8 min )

Stocks erased gains Thursday, even as hopes built that the Federal Reserve is done hiking rates this year.  ( 7 min )

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Vanguard, the world's second-largest asset manager, expects the Federal Reserve to maintain a hawkish stance by either keeping interest rates elevated for longer than what the market is pricing or by tightening monetary conditions even further. Global Head of Fixed Income Group Sara Devereux said on Thursday the probability of another interest rate increase by the Fed this year stood at 50%. "We don't think they're going to cut rates anytime soon ... the Fed may have more work to do."  ( 6 min )

Shares are up again, brushing off news about investigations, service issues, and range problems. Is there a problem lurking for the Bulls?  ( 26 min )

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The card companies have defied worry about an economic slowdown. The only thing that seems able to slow them down is Congress.  ( 35 min )

Markets turned red in Thursday afternoon trading, giving up gains from earlier in the day, as treasury yields leaped. Investors appeared to take strong economic data as a sign that the Federal Reserve could have more work to do. Earlier in the day, [gross domestic product](https://www.barrons.com/  ( 11 min )

Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 33 min )

Illumina’s contentious acquisition of cancer test maker Grail brought billionaire Carl Icahn to the company’s doorstep.  ( 20 min )

The Dow Jones Industrial Average was slipping in afternoon trading, despite having more gainers than losers. The Dow was down 30 points, or 0.1%. The S&P 500 rose 0.1% and the Nasdaq Composite added 0.5%. As a price-weighted index, the Dow is dragged down by more expensive stocks. As such, even th  ( 11 min )

Shares of Cambridge biotech Mersana Therapeutics is in free-fall after its cancer drug unexpectedly failed in a clinical trial.  ( 11 min )

Expectations have been coming down for the oil giant's financial results, something that could set shares up for a gain if it can beat the lowered bar.  ( 26 min )

AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone. The post UPS shippers may face double-digit rate increases in wake of contract appeared first on FreightWaves.  ( 8 min )

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Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market.  ( 8 min )

The board of directors of Brazilian state-run oil company Petrobras is set to meet on Friday to discuss its new dividend policy and a potential share buyback program, newspaper Valor Economico reported on Thursday. Executives at the firm previously said the new dividend policy was being prepared by a working group and expected to be voted on by the end of this month, with its second-quarter dividends likely to be already based on the new policy. Petrobras did not immediately respond to an emailed request for comment.  ( 31 min )

There’s no doubt that bulls have been left somewhat disappointed by Chipotle’s quarter. Still, there may be a reason for investors to buy the stock on the dip.  ( 26 min )

The driving factor in the uptick is oil prices.  ( 30 min )

Shares of electric-vehicle battery start-up QuantumScape are soaring following the company's earnings report. But earnings aren't the reason for the stock surge.  ( 26 min )

Southwest Airlines Stock Drops Despite Record Quarterly Revenue  ( 18 min )

Boeing is still losing money, even as Wall Street warms up to the stock as the outlook for commercial aerospace improves. Losses aren't great. At least cash flow isn't a problem.  ( 26 min )

MaxLinear terminated its deal to buy Silicon Motion on Wednesday, hours after the unexpected news that Chinese regulators had approved the merger.  ( 26 min )

Nvidia Corp (NASDAQ: NVDA) stock is trading higher Thursday, further amplified by Meta Platforms Inc's (NASDAQ: META) upbeat quarterly results. On Wednesday, Meta Platforms reported second-quarter revenue of $32 billion, up 11% year-over-year, beating the Street consensus estimate of $31.12 billion. Also Read: Nvidia OpenAI Working On AI Model To Connect 10M AI GPUs Together Earnings per share totaled $2.98 in the second quarter, beating a Street consensus estimate of $2.91. The social media fir  ( 7 min )

Alibaba Group Holding Limited (NYSE: BABA) shares are trading higher Thursday, buoyed by its artificial intelligence collaboration with Meta Platforms Inc (NASDAQ: META). Alibaba Cloud added Meta's Llama 2 LLM to ModelScope, its open-source "model-as-a-service" platform offers over 700 AI models – covering various fields from computer vision to natural language processing and audio – to local developers, SCMP reports. Alibaba Cloud had tailored services via ModelScope that would enable Chinese d  ( 7 min )

Get ready for long-term gains – that’s the message from Bank of America. In a recent note, the bank lays out just why it believes that the S&P 500 will hit 5,000 by next year. That would represent a gain of about 9.5% from current levels. The bank’s chief equity technician, Stephen Suttmeier, sees the market in a secular bull phase – that is, a long-term upward trend lasting one or two decades. In his view, the secular trend started back in 2013 and is likely to hold until the latter years of th  ( 11 min )

America’s telecoms incumbents are in a funk  ( 32 min )

Wood’s ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.  ( 27 min )

The European Central Bank’s latest policy statement didn’t change very much from June’s. But the absence of one verb from the policy announcement was quickly noticed by investors, sending ripples through European markets. The ECB’s July statement said interest rates “will be set” at sufficiently re  ( 24 min )

(Bloomberg) -- Royal Caribbean Cruises Ltd. rose Thursday after raising its full year profit forecast to a level that significantly beat expectations, as demand for its cruises is increasing.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentPowell Has Stopped Handing Gifts to Wall Street on Fed DayFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreHunter Biden Plea Deal in Limbo After Judge Questions TermsMitch McConnell Freezes at Start o  ( 7 min )

Ford is set to report second quarter earnings after the bell, its second time breaking down results across its new reporting units.  ( 8 min )

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The changes represent one of the biggest revamps of bank capital rules since the 2008 financial crisis.  ( 10 min )

Meta Platforms upgraded, Estee Lauder downgraded: Wall Street's top analyst call  ( 9 min )

Stocks rose, pointing to a strong open on Thursday as hopes built that the Federal Reserve is done hiking rates this year, as techs got a boost from a rally in Meta post-earnings.  ( 7 min )

Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to avoid reducing the ability of U.S. banks to compete globally. In an interview with Fox News, Moynihan said the process needs to assure "the playing field is level", saying the rules should be implemented carefully "so to not make the US less competitive". "We're not talking about the big eight banks.... We're talking about a $30 or $40 billion bank, or a $100 billion bank, not being able to compete for a middle market loan because a bank or a supplier in Europe ... is getting a lower cost of capital", Moynihan added.  ( 7 min )

How Social Security income is taxed depends on how much income you have from other sources. Here are the 2022 IRS limits for individual and joint filers.  ( 11 min )

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 11 min )

Annuities are a form of hybrid financial product. Part investment and part contract, they're primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees … Continue reading → The post How Much Would a $1.5 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 10 min )

Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.  ( 9 min )

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Cancer-fighting drugs Revlimid and Pomalyst drive a sales shortfall in the second quarter.  ( 26 min )

Amid overall strong results, Crocs downgraded its sales outlook for Hey Dude for the full-year.  ( 8 min )

The company reported more sales and a smaller loss than expected. It said it achieved early success in its Canadian launch of the Bed Bath & Beyond brand.  ( 26 min )

Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday, on strong performance in its aviation business. Aviation suppliers, such as Honeywell and General Electric, have gained from faster-than-expected rebound in air travel, which has driven demand for parts and services. Sales at Honeywell's aerospace business, which counts Boeing and Airbus as customers, were up 16% on an organic basis in the second quarter.  ( 6 min )

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AbbVie on Thursday raised its annual profit forecast after beating analysts' estimates for second-quarter earnings on a lower-than-expected fall in sales of blockbuster arthritis drug Humira and strong sales of newer treatments. Global Humira sales tumbled 25.2% to $4.01 billion compared with analysts' expectations of $3.94 billion, according to Refinitiv data. Humira's sales trajectory is on the top of investors' minds following the entry of multiple copycat versions of one of the world's biggest selling drugs in the U.S. market.  ( 7 min )

The car company reports on Thursday evening. Auto investors have a lot of issues weighing on their minds.  ( 26 min )

Southwest Airlines said second-quarter earnings dropped 10% to $683 million as labor costs soared, offsetting record revenue at the start of the peak summer travel season. The company predicted record revenue and another profit in the third quarter, but warned of even stronger cost pressure.  ( 7 min )

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Southwest Airlines stock tumbled ahead of the open Thursday as the low-cost carrier said it expected revenue per available seat mile to fall in the third quarter.  ( 26 min )

Drugmaker Bristol Myers Squibb said on Thursday its second-quarter sales fell more than expected and cut its full-year forecast as two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition. Bristol Myers is in the midst of a leadership change, with CEO Giovanni Caforio expected to step down in November to be succeeded by Chief Operating Officer Christopher Boerner. Revlimid sales were $1.47 billion in the quarter, compared with analyst expectations of $1.67 billion, Bristol said, citing generic erosion as well as an increase in patients receiving free product from the company's patient assistance foundation.  ( 7 min )

Drugmaker Bristol Myers Squibb said on Thursday its second-quarter sales fell more than expected and cut its full-year forecast as two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition. Bristol Myers is in the midst of a leadership change, with CEO Giovanni Caforio expected to step down in November to be succeeded by Chief Operating Officer Christopher Boerner. Revlimid sales were $1.47 billion in the quarter, compared with analyst expectations of $1.67 billion, Bristol said, citing generic erosion as well as an increase in patients receiving free product from the company's patient assistance foundation.  ( 7 min )

McDonald's called out its "culturally relevant brand and marketing campaigns" as a driver for a strong second quarter in the US market.  ( 8 min )

Honeywell reports earnings of $2.23 a share from sales of $9.1 billion. Wall Street was looking for earnings of $2.21 on sales of $9.2 billion.  ( 26 min )

Refiner Valero Energy Corp reported a slump in second-quarter profit as improved fuel supplies and slowing economic activity compressed margins. Valero said total refinery throughput volumes averaged 2.96 million barrels per day in the quarter, roughly same as last year.  ( 6 min )

The largest domestic U.S. airline expects revenue per available seat mile (RASM) to fall between 3% and 7% in the third quarter, while capacity is expected to be up about 12%. However, Southwest expects the quarter to be profitable and operating revenue to hit a record. The airline attributed the fall in RASM, a proxy for pricing power, to tough comparisons from a boom in travel demand last year.  ( 7 min )

Defensive stocks aren't just for bear markets. That's the reminder Morningstar gives investors in a recent market analysis. "After providing a cushion to investor portfolios during the bear market of 2022," Morningstar’s Jülide Sengil writes, "defensive stocks have lagged the broader market as stocks rebounded this year. The good news for long-term investors looking for opportunities […] The post The Stock Market Is Up, But Morningstar Says Now Is the Time to Invest in These Assets appeared firs  ( 9 min )

The oil giant's second-quarter earnings show a steep 56% year-over-year fall in profit.  ( 26 min )

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift.  ( 28 min )

Wood’s ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.  ( 27 min )

(Bloomberg) -- Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks and raised its dividend. Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell Freezes at Start of News Conference, Returns LaterThe r  ( 32 min )

Wall Street is worried about the risk that surging demand for artificial-intelligence chips could divert spending from traditional processors.  ( 26 min )

U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after the Federal Reserve on Wednesday left open the possibility of more rate increases and excluded easing financial conditions anytime soon. With its latest 25 basis point interest rate increase now in the books, the Fed has raised the benchmark overnight interest rate by 525 basis points since March 2022 to a level last seen before the 2007 housing market crash in a fight to bring down inflation. Cooling consumer prices and a resilient economy have sparked rallies in stocks this year and Fed Chairman Jerome Powell on Wednesday said a recession is unlikely - a sharp reversal from the mood earlier this year, when both the Fed and investors believed a downturn was all but unavoidable.  ( 8 min )

As prices surged in the West following Russia’s invasion of Ukraine, Vladimir Putin was confident enough about the health of his own economy to gloat.  ( 9 min )

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There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 27 min )

A chattel mortgage is a loan used to purchase an item of movable personal property, such as a vehicle, which then serves as security for the loan.  ( 24 min )

Student loans are available from both the federal government and private lenders. Federal student loans have more flexible repayment options.  ( 27 min )

Eli Lilly said that two Phase 3 trials of its weight-loss drug tirzepatide showed patients lost 26.6% of their body weight on average, more than competitors.  ( 17 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )

If you're looking for a job as an analyst, learn about financial modeling and how it aids the strategic planning and financial decision-making of companies.  ( 22 min )

The top nationwide rate on a money market account rose today to 5.21%, up from 5.06% APY. You can also find other options above 5.00% in our daily money market rankings.  ( 18 min )

The dollar-cost averaging approach helps investors avoid market timing but they give up some potential for higher returns.  ( 19 min )

The S&P 500 lost 0.6% on Thursday, July 27, 2023, as stronger-than-anticipated U.S. economic growth revived concerns the Fed may keep raising interest rates.  ( 17 min )

Federal banking regulators have proposed rules aimed at making the banking system more stable, but it comes with trade-offs.  ( 18 min )

Securitized products are pools of financial assets that are brought together to make a new security, which is then divided and sold to investors.  ( 22 min )

Royal Caribbean shares jumped after beating profit and sales estimates, and raising its outlook on higher prices and onboard sales.  ( 16 min )

Sales in the Northeast and Midwest grew, while the South and West had declines.  ( 17 min )

Dow Jones falls more than 200 points, ending the historic 13-day rally, on investor fears that strong economic data could bring more rate hikes.  ( 17 min )

The Congressional Budget Office, a nonpartisan agency that provides analysis to Congress, released economic projections Thursday.  ( 16 min )

While critics said the new proposal could crimp shareholder dividends and buybacks for years to come, regulators said big banks have ample time and capital to comply without hurting either.  ( 20 min )

A perpetual bond makes interest payments to the investor forever, which sounds great at first, but for both the issuer and the buyer, there are some risks alongside the rewards.  ( 21 min )

Returning to school as an adult requires an understanding of the resources available to help you pay for an education and careful financial planning. Learn more here.  ( 26 min )

Find out how limited supplies and celebrity endorsements drive the $80 billion sneaker industry. Nike Air Jordans remain bestsellers after over 30 years.  ( 21 min )

The best savings and money market accounts are already paying record rates, with many opportunities to earn 5.00% or more. Will the Fed's latest increase push rates higher?  ( 18 min )

Learn about the age-old debate about value versus growth stocks, and how determining which kind is better depends on a number of factors.  ( 25 min )

Knowing the current student loan interest rates and ranges for July 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 25 min )

As globalization became a force, the key to survival for many financial institutions was to efficiently meet the needs and wants of a global customer base.  ( 23 min )

Historically Black colleges and universities (HBCUs) focus on educating disadvantaged groups and are helping narrow the racial wealth gap.  ( 26 min )

Stellantis N.V. (STLA), General Motors Co. (GM), Mercedes Benz Group ADR (MBGYY), Bayerische Motoren Werke ADR (BMWYY), Honda Motor Co. LTD (HMC), Hyundai (HYMTF) and Kia Corp. (KIMTF) announced an EV charging joint venture Thursday that they said would solely rely on renewable energy.  ( 18 min )

Chipotle shares tumbled after the restaurant chain's sales came in short of expectations as the company raised prices because of higher ingredient costs.  ( 16 min )

ADRs of Shell Plc dropped after the energy giant reported earnings fell by more than half, hurt by falling oil and gas prices.  ( 16 min )

U.S. equities were up at midday on Thursday, July 27, 2023, after the U.S. government reported stronger-than-expected economic growth in the second quarter.  ( 16 min )

Southwest Airlines Stock Drops Despite Record Quarterly Revenue  ( 17 min )

A closed loop card is type of credit card that's only good at a certain retailer or other company. Here are the pros and cons.  ( 23 min )

An additional cardholder is an authorized user added to a credit card account by the primary cardholder. There are benefits to the additional cardholder, but also risks to the primary one.  ( 23 min )

Upfront pricing refers to the interest rates and credit limits that a card issuer assigns to a particular cardholder when they sign up for a card, based on risk and other factors.  ( 22 min )

A credit card block is the reservation of a portion of a credit or debit card balance for the cost of services not yet rendered.  ( 22 min )

Credit card authentication is a way of verifying that a person attempting a credit card transaction is who they say they are and that they are authorized to use that card.  ( 22 min )

Share price is the primary difference between Berkshire Hathaway's Class A stock and Class B stock, but there are other distinctions such as convertibility.  ( 24 min )

A magnetic stripe card is a security device with data embedded in it that identifies the user. It enables secure access, electronic or physical.  ( 22 min )

Mortgage rates have moved slightly down, continuing a two-week pattern of bobbing up and down in a lower-7% range. All jumbo loan averages meanwhile held steady.  ( 20 min )

Comcast (CMCSA) posted its biggest earnings beat in two years on Thursday, as a surge in revenue from streaming, theme parks, and the box office offset weakness in its broadband and legacy cable offerings.  ( 18 min )

Understand how to identify Michelangelo from macaroni art before you make an investment in the fine arts. Rarity is important to the process.  ( 25 min )

The Howey Test determines which transactions qualify as an "investment contract" and would therefore be subject to U.S. securities laws.  ( 23 min )

Minimum finance charges kick in when the interest that a credit card holder owes on their outstanding balance for that month falls below a certain amount.  ( 22 min )

Mastercard, not unlike its rival payments processors, reported strong second quarter earnings on the back of robust consumer spending and a pick up in post-pandemic travel demand.  ( 17 min )

A sampling distribution describes the data chosen for a sample from among a larger population.  ( 23 min )

Merchants can have the option of submitting their credit card transactions as a group, rather than individually. Here's how that works and the pros and cons.  ( 22 min )

Offshore investing often gets a bad rap but is perfectly legal. Despite increased regulatory scrutiny, it still offers tax advantages when done properly.  ( 22 min )

The GDP grew at a 2.4% annual rate in the second quarter, an acceleration from the 2% growth of the first quarter, and above the 2% growth forecasters had expected.  ( 17 min )

Take a closer look at how Lipper Inc., a subsidiary of Thomson Reuters, determines the ratings for mutual funds in its Lipper Rating System.  ( 22 min )

There are benefits and drawbacks of holding cash versus investing in bonds, so make sure you make the right decision about how to best safeguard your money.  ( 23 min )

Learn about the origins of the 80-20 rule and how it is applied in business, economics, quality control, and investing.  ( 21 min )

Meta's second quarter revenue, at almost $32 billion, increased 11% over the same period last year and grew at the fastest clip since the end of 2021, primarily driven by a 12% jump in advertising revenue.  ( 18 min )

Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in the second quarter. Here’s what investors need to know today.  ( 19 min )

Learn how globalization impacts international investment and transforms economies around the world. Understand the implications of globalization.  ( 19 min )

The Basel III regulations marked drastic reform in international banking. But how will they affect the worldwide economy?  ( 23 min )

With fewer homes for sale in the Hamptons, buyers are clambering over what is left in the market, even as the median sales price falls from a year earlier.  ( 17 min )

Delta is the ratio comparing the change in the price of the underlying asset to the corresponding change in the price of a derivative.  ( 26 min )

Learn how the price elasticity of demand is more sensitive for some types of consumer goods than others, and see what factors most influence elasticity.  ( 23 min )

Interest rates are divided into subcategories. Smart investors look beyond the nominal or coupon rate of a bond or loan to see if it fits their objectives.  ( 28 min )

Eli Lilly said that two Phase 3 trials of its weight-loss drug tirzepatide showed patients lost 26.6% of their body weight on average, more than competitors.  ( 1 min )

The S&P 500 lost 0.6% on Thursday, July 27, 2023, as stronger-than-anticipated U.S. economic growth revived concerns the Fed may keep raising interest rates.  ( 1 min )

Dow Jones falls more than 200 points, ending the historic 13-day rally, on investor fears that strong economic data could bring more rate hikes.  ( 1 min )

Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in the second quarter. Here’s what investors need to know today.  ( 1 min )

Het Turkse boodschappenbezorgbedrijf Getir blijft in Nederland actief. De afgelopen maanden gingen er geruchten rond over een vertrek van het bedrijf. Wel vertrekt Getir uit Spanje, Italië en Portugal.  ( 3 min )

De Amerikaanse economie is in het tweede kwartaal harder gegroeid dan verwacht. De economische groei kwam uit op 2,4 procent, tegen 2 procent in het eerste kwartaal.  ( 2 min )

De Europese Centrale Bank verhoogt voor de negende keer in ruim een jaar haar belangrijkste rentetarieven. Dat doet ze om de inflatie in Europa verder te bestrijden. Hierdoor wordt lenen nog weer duurder en levert sparen iets meer op.  ( 4 min )

Liefhebbers van een Big Mac weten hun weg naar de McDonald's nog steeds massaal te vinden ondanks dat de prijzen voor de menu's zijn verhoogd. De fastfoodketen heeft in het tweede kwartaal van dit jaar flink meer winst geboekt.  ( 2 min )

De Europese Centrale Bank verhoogt voor de negende keer in ruim een jaar haar belangrijkste rentetarieven om de inflatie in Europa verder te bestrijden. Hierdoor zal lenen nog weer duurder worden en sparen iets meer opleveren.  ( 4 min )

Bij de scheepsbrand boven Ameland wordt gewezen naar elektrische auto's op het schip. De maritieme sector worstelt al langer met de extra brandrisico's van elektrische auto's. Een oplossing lijkt pas in zicht als de huidige manier van transport onbetaalbaar wordt.  ( 7 min )

De vraag naar steenkolen heeft afgelopen jaar een recordniveau bereikt. Er was vooral veel vraag vanuit Azië waar de fossiele brandstof onder meer wordt gebruikt in de industrie en om stroom op te wekken.  ( 3 min )

De Europese Commissie start een officieel onderzoek naar Microsoft. Het techbedrijf heeft mogelijk Europese concurrentieregels overtreden door zijn communicatiedienst Teams te bundelen met Office-producten.  ( 3 min )

Het zakelijke communicatieplatform Slack kampte donderdagochtend met een storing, waardoor berichten niet altijd aankwamen. Inmiddels zijn de problemen met de dienst opgelost.  ( 2 min )

De duurdere boodschappen leggen voedingsfabrikanten geen windeieren. Dinsdag werd al duidelijk dat Unilever meer winst boekte door hogere prijzen, donderdag maakte de Zwitserse concurrent Nestlé bekend dat het ook meer overhoudt doordat het zijn prijzen heeft opgeschroefd.  ( 4 min )

Het zakelijke communicatieplatform Slack kampt donderdagochtend met een storing, waardoor berichten niet altijd aankomen. Er wordt gewerkt aan een oplossing.  ( 2 min )

Facebook-moederbedrijf Meta zag de omzet in het afgelopen kwartaal stijgen door duizenden ontslagen en een verbetering in de advertentieverkopen. Maar voorlopig blijft de Metaverse een grote kostenpost.  ( 4 min )

Shell zag zijn winst afgelopen kwartaal halveren ten opzichte van dezelfde periode vorig jaar. Dit kwam onder meer doordat de olie- en gasprijzen de afgelopen maanden flink lager waren.  ( 4 min )

Het succes van de Hollywoodfilm over Barbie heeft voorlopig niet gezorgd voor extra verkoop van Barbie-poppen. Dat meldt moederbedrijf Mattel, dat zijn inkomsten in het tweede kwartaal met 12 procent zag dalen.  ( 3 min )

Na een jaar met ingrepen om de inflatie af te remmen, verhoogt de Europese Centrale Bank (ECB) de rente vandaag mogelijk voor het laatst. Experts denken dat de ECB zo niet meer economische schade wil veroorzaken dan nodig.  ( 6 min )

Werknemers kwamen de afgelopen maanden vaker in opstand voor meer loon. Er waren dan ook meer stakingen en acties dan in de voorgaande jaren. Toch zijn er net zoveel cao's afgesloten, onder meer vanwege de krapte op de arbeidsmarkt  ( 5 min )

Google's parent company did something different in Q2, as revenue growth outpaced spending. With an AI arms race and an uncertain economy though, it's not clear if the company can do it again.  ( 8 min )

Analysts were bullish heading into the burrito chain's second-quarter earnings. The stock is up 51% this year, leaving little room for error.  ( 26 min )

An indictment claims that Tottenham Hotspur owner Joe Lewis lent his pilots $500,000 each to buy stock before insider information became public.  ( 8 min )

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See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight carriers will shut down as customers abandon it amid a cash crunch and union negotiations.  ( 28 min )

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Focus will quickly turn to guidance for the third quarter, typically the best three months for cruise operators.  ( 26 min )

The company also unveiled two major additions to its suite of generative artificial intelligence tools.  ( 26 min )

Mark Zuckerberg’s social media empire has reported a jump in advertising revenues and said that 3 billion people are now regularly checking Facebook.  ( 31 min )

(Bloomberg) -- MaxLinear Inc., a maker of chips for broadband communications, said it terminated its attempt to acquire Silicon Motion Technology Corp., ending a cash-and-stock deal worth $3.8 billion.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentUK Billionaire Joe Lewis  ( 7 min )

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Shares of Recursion Pharmaceuticals, Schrodinger and others that are implementing AI are surging.  ( 24 min )

Chipotle Mexican Grill reported quarterly results Wednesday after the market close. The results: strong but missed some Street marks.  ( 8 min )

Meta reported earnings on Wednesday after the bell, beating estimates on the top and bottom line. The company also logged a steeper loss than expected in its VR division, Reality Labs, and revealed its expenses for the year will be higher than anticipated.  ( 9 min )

Meta reported its Q2 2023 earnings on Wednesday after the bell.  ( 7 min )

Stocks drifted after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

Traders appear fixated on Fed Chair Jerome Powell's comments that there's still "a long way to go" in terms of getting inflation down to 2%. Powell said that he doesn't think inflation will be back at that level until around 2025. That's dampening some of investors' recent optimism that inflation w  ( 22 min )

At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.” The post Yellow exec tells sales staff company will file bankruptcy Monday appeared first on FreightWaves.  ( 6 min )

Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

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Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

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The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest U.S. central bank policy rate in 16 years. The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase. "The (Federal Open Market) Committee will continue to assess additional information and its implications for monetary policy," the Fed said in language that was little changed from its June statement and left the central bank's policy options open as it searches for a stopping point to the current tightening cycle.  ( 9 min )

Ruth Porat's new title at the Google parent has Wall Street buzzing.  ( 26 min )

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On Tuesday, Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) both reported their latest quarterly results. But while Google-parent topped expectations across the board, Microsoft’s guidance fell short of expectations, overshadowing the fact its fiscal fourth quarter results surpassed estimates. Microsoft’s Fiscal Fourth Quarter Highlights For the quarter that ended on June 30th, the software maker generated $56.19 billion in revenue that rose 8%, which topped R  ( 8 min )

(Bloomberg) -- The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional increases as officials fine-tune their effort to further quell inflation.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Pleads Guilty in Last-Minute Revised Deal With DOJUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley SaysChina Replaces F  ( 8 min )

The best CDs are already paying record rates, but today's Fed rate hike could nudge them higher still. Here's what to expect for CD rates going forward.  ( 17 min )

Stocks were mixed after the Federal Reserve's decision to raise interest rates by a quarter percentage point.  ( 7 min )

The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.  ( 7 min )

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Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any. The post Old Dominion uses cost control to mitigate slumping demand in Q2 appeared first on FreightWaves.  ( 41 min )

(Bloomberg) -- Bill Gross said he’s selling most of his regional bank holdings, three months after buying stocks including Western Alliance Bancorp and PacWest Bancorp in the wake of the March banking crisis.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell F  ( 31 min )

Shares of the company rose 53.3% to 69 cents in afternoon trade. As part of a prearranged deal, Mallinckrodt will propose to write off about $1 billion from what it still owes to addiction victims and state and local governments, while making a one-time payment of roughly $250 million, the report said, citing people familiar with the discussions. Mallinckrodt did not immediately respond to a Reuters request for comment.  ( 39 min )

Wall Street is sharpening its pencils and doing some math following Tuesday's announcement that UPS and the Teamsters agreed to a new labor contract.  ( 26 min )

Here's how Fed interest rate hikes affect savings products, various types of loans and credit cards.  ( 9 min )

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Despite the market’s big comeback in 2023, there is still one issue keeping positive sentiment in check; the prospect of a looming recession remains real. Nevertheless, J.P. Morgan Wealth Management’s Global Investment Strategist Elyse Ausenbaugh thinks investors have reason to be upbeat. “There are actually a lot of things for investors to feel pretty good about right now – starting with the economy,” Ausenbaugh opined. “In spite of higher interest rates, the economy has stayed a lot more resil  ( 10 min )

Serial entrepreneur Spencer Rascoff is best known as the co-founder and former CEO of the online real estate marketplace Zillow. He also co-founded Pacaso, a platform that aims to make owning a second home more accessible by offering a shared ownership model. Given his role in creating these platforms, one might think that Rascoff must be a big real estate investor. But that's not really the case. In a recent fireside chat, Arrived Co-Founder and CEO Ryan Frazier asked Rascoff whether he has inv  ( 8 min )

The automotive maker's sales grew 6% after seven quarters of year-over-year declines.  ( 18 min )

Rates on 30-year mortgages rose for a second day, raising the flagship average within the lower-7% range seen over the past two weeks. Most other averages moved up as well.  ( 21 min )

The social-media giant has seen a surge after cutting costs and improving ad-targeting.  ( 26 min )

Raymond James cut its rating to Market Perform from Strong Buy. Shares of the big-box retailer are down 14% in the past three months.  ( 26 min )

Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids.  ( 29 min )

Both big companies said they plan to invest more in infrastructure needed for artificial intelligence. That's great for the chip manufacturer, Jefferies says.  ( 26 min )

Alphabet stock rallied Wednesday after the company reported earnings late Tuesday that beat expectations and staved off some investor concerns around slowing growth in its core ad businesses.  ( 8 min )

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Investors had been convinced that the deal, announced more than 14 months ago, would never close.  ( 26 min )

The solar company expects to add 70,000 to 90,000 residential customers this year, down from its previous outlook for 90,000 to 110,000 customers.  ( 26 min )

The German auto maker is investing $700 million in the Chinese EV start-up. The companies will develop two electric vehicles together.  ( 26 min )

Boosted by inflation cooling down significantly, and ongoing strength in the jobs market, economic prognosticators have recently touted the probability of a soft landing for the economy instead of the previously dreaded prospect of a full-blown recession. Steve Eisman, famous for predicting the housing fiasco of 2008 as told in the Big Short, is amongst those taking that optimistic view. “So far, there’s no evidence of a recession,” Eisman said recently. “So as long as there’s no evidence of rec  ( 10 min )

Bud Light is in the headlines again. The CEO of Anheuser-Busch InBev (NYSE:BUD), the multinational brewing company behind Bud Light, is reportedly planning to go on a tour this summer to listen to consumers. But "Shark Tank" star Kevin O'Leary, also known as Mr. Wonderful, doesn't believe it will turn things around. "I don't think that's going to work," O'Leary said in a recent interview with Fox Business. "He's going to get an earful, there's no question about it. The problem with that tour and  ( 8 min )

PacWest's rescue was a fresh reminder that the banking industry turmoil is still not over. That could help regulators make their case for stronger capital rules.  ( 10 min )

Savers who delayed moving cash into higher-interest accounts or bank CDs still have time to earn better returns on their savings.  ( 27 min )

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AT&T (T), America's biggest telecom company by revenue, reported robust second-quarter earnings as its cost-cutting plan paid off, amid an ongoing 5G rollout and stronger than expected subscriber gains.  ( 19 min )

Stocks were lower Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.  ( 7 min )

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The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’  ( 22 min )

In a press release Wednesday, the company said that Prime members would be able to sign up for its $25 plan "seamlessly from the comfort of home."  ( 26 min )

(Bloomberg) -- Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc., because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said. Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Fallin  ( 31 min )

The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal.  ( 25 min )

Union Pacific hired the CEO Wednesday that a hedge fund pressuring the railroad to improve recommended earlier this year, and it cut its outlook after reporting disappointing results driven by weakening consumer demand. The Omaha, Nebraska-based railroad said its former chief operating officer Jim Vena will take over as CEO next month. The Soroban Capital Partners hedge fund that holds a $1.6 billion stake in Union Pacific had been urging the railroad to hire Vena because of his expertise in streamlining operations.  ( 7 min )

It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )

Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )

I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 8 min )

If you're looking to receive passive income with your investments, there are many ways to do it. While your best choice will depend on certain factors, such as your age and risk tolerance, there are many ways to invest $20,000. … Continue reading → The post How to Invest $20,000 for Passive Income appeared first on SmartAsset Blog.  ( 8 min )

Dividends are the bread and butter of income investors. You don't need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply generate income on their own. Putting together a portfolio that generates at least … Continue reading → The post How to Make $1,000 a Month in Dividends appeared first on SmartAsset Blog.  ( 10 min )

How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 41 min )

Volkswagen on Wednesday announced two agreements aimed at strengthening the German carmaker's position in the Chinese market, including a partnership between the Volkswagen brand and China's Xpeng Inc to build two new models. Volkswagen and Xpeng agreed to develop two new VW brand models on the MEB platform at Volkswagen's new technology center in Hefei, to be rolled out from 2026 and featuring Xpeng software on autonomous driving.  ( 6 min )

Boeing stock is climbing higher as the company announced a narrower loss and revenue beat for the second quarter, and reaffirmed its profit and delivery guidance.  ( 8 min )

Both makers of aircraft engines reported higher earnings than expected, but RTX stock tanked because of a quality problem with a key engine.  ( 26 min )

↘️ LVMH (LVMUY): The conglomerate's sales fell slightly in the U.S., in the latest sign that luxury-goods demand [is starting to slow](https://www.wsj.com/articles/lvmh-posts-sharp-rise-  ( 23 min )

As real estate investment trusts (REITs) continue to attract investors seeking consistent income, the focus increasingly shifts to dividend yields—a crucial metric for those eyeing regular income streams. This piece explores five publicly traded REITs with impressive dividend yields, providing insights for potential REIT investors looking to expand their portfolios. SL Green Realty Corp (NYSE:SLG) SL Green Realty Corp specializes in acquiring, managing, and maximizing the value of Manhattan comm  ( 8 min )

Demand from the automotive industry has emerged as a bright spot for the chip industry at a time other clients are cutting back on orders, as carmakers had faced a severe semiconductor shortage over the past two years and their supply chains have only started normalizing in 2023. Israel-based Tower provides customers with analog and mixed-signal semiconductors, mainly for the automotive and consumer industries.  ( 7 min )

Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition. "They are entering my world, the world of tight pricing, cost competitiveness, and the operational issues that a big company like ours may face," Tavares told the press, presenting first half results for the Franco-Italian automaker. "The result of the fact that Tesla is now entering my world, is that their profitability moved from more than 17% in the first half of 2022 to 10.5% in the first half of 2023," he said.  ( 39 min )

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Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business. Boeing said it is beginning to increase production of its two most popular airline planes. Boeing is also boosting output of the larger, two-aisle 787 Dreamliner from four to five per month by year end.  ( 7 min )

Coca-Cola reports second-quarter adjusted earnings of 78 cents a share on revenue of $12 billion.  ( 26 min )

The aerospace giant said it is increasing jetliner production as planned while reducing its debt.  ( 26 min )

The cost of work-life balance shouldn't be the working day, career experts told Fortune.  ( 8 min )

Its defense business, however, continued to face challenges, with three major fixed-price programs - NASA's Starliner capsule, the U.S. Air Force's T-7 training jet and U.S. Navy's MQ-25 tanker drone - recording about half a billion in charges in the second quarter. Boeing reiterated its plan to generate $3 billion to $5 billion in free cash flow this year, as well as to deliver at least 400 single-aisle 737s and 70 787 Dreamliners in 2023. Boeing Commercial Airplanes head Stan Deal said in June that the company would ramp up narrowbody production to 38 a month "very soon."  ( 7 min )

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If you’re confused about the rules surrounding required minimum distributions from retirement accounts in 2023, the IRS is offering some much-needed clarification – and relief. A financial advisor can help you plan for RMDs and manage your taxes in retirement. Find a fiduciary advisor today. When the SECURE 2.0 Act was signed into law in […] The post The IRS May Be Cutting You a Break on Your RMDs This Year appeared first on SmartReads by SmartAsset.  ( 8 min )

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A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.  ( 40 min )

Stock futures slid Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.  ( 7 min )

Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday that it sees "uncertain" demand in the third quarter but stuck to its 2023 capital spending plans as its gears up to meet customer demand for artificial intelligence (AI). The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from cars to cellphones. UMC's bigger Taiwanese rival TSMC, the world's largest contract chipmaker, last week forecast a drop of around 10% in 2023 sales and flagged investment spending at the low end of estimates.  ( 39 min )

(Bloomberg) -- JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2,000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand Valu  ( 8 min )

The telecom firm posted free cash flow of $4.2 billion in the three months ended June, compared with analysts' estimates of $3.60 billion, according to Visible Alpha. The results marked an improvement from the first quarter and showed the benefits of a cost-cutting plan that helped shave off more than $1 billion in operating expenses during the reported period through measures such as a reduction in office locations. A lower cost bill is crucial for AT&T as it needs a steady flow of cash to service its net debt of $132 billion and support a dividend that is among the highest for U.S stocks.  ( 7 min )

(Bloomberg) -- Three Japanese market veterans ruminating over beer in Tokyo whether Chinese debt is the deal of the century or the road to ruin sum up the dilemma global investors face in deciding to play in the world’s second-largest bond market.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Falling as Supplies Remai  ( 33 min )

Both Microsoft and Alphabet report better-than-expected earnings and highlight their investments in artificial intelligence, Snap stock tumbles on a disappointing revenue forecast, PacWest Bancorp is being acquired, and AT&T is scheduled to post quarterly results.  ( 26 min )

U.S.-European carmaker Stellantis on Wednesday reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe. Sales of all-electric vehicles rose by 24% to 169,000 vehicles as Stellantis became the third-largest producer of EVs in Europe, led by the Fiat New 500, Open Mokka and Citroen Berlingo. Stellantis has 25 electric vehicles on the market and is launching another 23 by the end of next year.  ( 6 min )

(Bloomberg) -- In what was a brutal 2022 for investors, there was at least one sure-fire, money-making proposition for much of the year. All they had to do was buy stocks and bonds seconds before Federal Reserve Chair Jerome Powell began speaking at his post-FOMC press conference and dump them as he was wrapping up.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan  ( 7 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Deutsche Bank reported a fall in quarterly profit on higher costs. But it will resume share buybacks as revenue continues to rise. Some highlights from second-quarter earnings at Germany's biggest bank: Net profit fell 22% to €940 million, or about $1 billion, topping consensus forecasts for €74  ( 23 min )

(Bloomberg) -- Rio Tinto Group reported a drop in first-half profit and cut its dividend again as China’s economic slowdown continues to dampen earnings for the world’s biggest mining companies. Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley SaysTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s  ( 7 min )

Iron ore accounts for 70% of Rio Tinto's profits and its prices could improve going forward as Beijing has pledged to roll out more policies to boost growth after the world's second-largest economy struggled with an uneven recovery in the first half. Average realised prices for Pilbara iron ore slipped to $98.6 per wet metric tonne (wmt) in the first half, 11.1% below last year. The world's largest iron ore producer reported underlying earnings of $5.7 billion for the six months ended June 30, lower than last year's $8.63 billion and a consensus of $5.85 billion, according to Visible Alpha.  ( 7 min )

If you've been hiding out in cash, consider adjusting your portfolio.  ( 26 min )

TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault's new electric vehicle unit, the automakers said on Wednesday, as they finalised terms of their restructured partnership after months of negotiation clouded by tension. Talks between the two had dragged on months longer than expected, Reuters has reported, due in part to Nissan's concern about protecting its intellectual property in future collaborations.  ( 40 min )

The now-dead pedophile's massive cash withdrawals rang alarm bells at JPMorgan, but he was also one of the bank's most important clients.  ( 10 min )

FRANKFURT (Reuters) -Deutsche Bank posted on Wednesday a 27% fall in second-quarter profit as investment banking revenues slumped, but the drop was lower than expected as higher interest rates fuelled gains at the retail division. Net profit attributable to shareholders was 763 million euros ($843.04 million), down from 1.046 billion euros a year earlier but better than analyst expectations for profit of around 571 million euros. The German lender downgraded its outlook for the investment bank, saying it now expected revenues to be slightly lower in 2023, compared to a previous forecast for flat revenue.  ( 7 min )

The Street sees strong trends in Meta's ad business. But the focus will be on what the company plans to do in AI.  ( 26 min )

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Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 20 min )

Learn how covariance is used to reduce risk in modern portfolio theory, how covariance is calculated and how it is used to provide portfolio diversification.  ( 19 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )

An environment where interest rates are rising can offer opportunities within the equity space. These are the sectors that tend to benefit from rising rates.  ( 26 min )

Student debt refers to loans used to pay for college tuition and repaid after the student graduates or leaves school.  ( 23 min )

The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 17 min )

Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 17 min )

TI shares lost ground after the semiconductor maker warned a slump in demand would impact current quarter results.  ( 16 min )

Amazon's Generative AI service is intended to save doctors' time spent on healthcare documentation.  ( 17 min )

It takes a good credit score to get favorable mortgage rates, but how you pay a mortgage will shape your score. Just having one can lower it at first.  ( 22 min )

Boeing was the best-performing stock in the Dow after the plane maker reported a lower-than-expected quarterly loss and a big jump in aircraft deliveries.  ( 16 min )

Interest rates have gone up yet again, putting more pressure on borrowers who are already paying nearly $700 a month more for typical loans than when the Fed’s anti-inflation battle began.  ( 20 min )

The SEC enhanced rules Wednesday that will impact trading platforms such as Robinhood (HOOD) that use predictive analytics to encourage trading. The move comes nearly two and a half years after 'gamification of trading' helped fuel the meme stock frenzy.  ( 18 min )

Homo economicus is a financial term that refers to the belief that a human is a rational person who makes economic decisions that are always in their own self-interest.  ( 21 min )

Real estate valuation helps you choose better investments. Learn what capitalization rate means and techniques for valuing real estate.  ( 30 min )

An apportionment is the allocation of a loss between all of the insurance companies that insure a piece of property. It's used to determine a percentage of liability for each insurer.  ( 21 min )

With the economy’s inflation fever showing signs of breaking, the Fed is administering more of its tough medicine.  ( 17 min )

The best CDs are already paying record rates, but today's Fed rate hike could nudge them higher still. Here's what to expect for CD rates going forward.  ( 17 min )

New home sales dropped 2.5% from May but were up 23.8% year-over-year.  ( 17 min )

Learn more about the impact of supply and demand in an economy. Find out why companies study supply and demand as part of market research.  ( 22 min )

Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.  ( 20 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 21 min )

Snap shares sank as the owner of the Snapchat app warned about current-quarter revenue amid a slump in ad demand.  ( 16 min )

Retirement planning is tricky, especially if you don't have a 401(k). Good news: There are plenty of other ways to save, including through a Roth IRA or a brokerage account.  ( 24 min )

Learn when mutual funds update their price or net asset value (NAV) and why this is different for open-end mutual funds versus closed-end funds.  ( 19 min )

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 16 min )

The automotive maker's sales grew 6% after seven quarters of year-over-year declines.  ( 17 min )

Rates on 30-year mortgages rose for a second day, raising the flagship average within the lower-7% range seen over the past two weeks. Most other averages moved up as well.  ( 20 min )

The global beverage giant sees increased 2023 profit and revenue on higher prices, as global case volume stays flat.  ( 17 min )

A 5/6 hybrid adjustable-rate mortgage (ARM) has an initial fixed interest rate for five years, then adjusts every six months.  ( 20 min )

Robert Half shares dropped after its earnings and revenue missed analysts' estimates as clients cut back on hiring because of macroeconomic uncertainty.  ( 16 min )

A balloon mortgage is a loan with low initial payments but requires the borrower to repay the balance in full in a lump sum.  ( 21 min )

Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 23 min )

Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 25 min )

AT&T (T), America's biggest telecom company by revenue, reported robust second-quarter earnings as its cost-cutting plan paid off, amid an ongoing 5G rollout and stronger than expected subscriber gains.  ( 19 min )

Discover why gross national income may be a better economic metric than gross domestic product when a country receives substantial income from foreign sources.  ( 21 min )

There’s no shame in having medical debt that you can't pay. Here's how to get help.  ( 26 min )

Variable universal life (VUL) insurance is a permanent life insurance policy with a savings component in which cash value can be invested.  ( 24 min )

ADRs of Alibaba and Meta shares rose after the Chinese company said the American tech giant's AI model can be used by enterprise clients of Alibaba Cloud.  ( 16 min )

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 17 min )

There is no limit to the number of times you can refinance a car loan, so you could refinance as many times as you like. Here's how to know if it makes financial sense.  ( 22 min )

Currencies can provide diversification for a portfolio that's in a rut. Find out which ones you need to know.  ( 32 min )

Microsoft shares lost some of the recent momentum generated by its push for artificial intelligence (AI) as the company's fourth quarter earnings report highlighted a slowdown in its Azure cloud and Windows PC businesses.  ( 18 min )

The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn’t meet analyst expectations. Here’s what investors need to know today.  ( 18 min )

A pick up in advertising revenue in the second quarter for search and YouTube, helped parent Alphabet Inc. beat analyst estimates after weak ad spending driven by macroeconomic concerns dragged earnings in prior quarters.  ( 18 min )

Visa's Q3 profit rose 22% year-over-year as consumers continue to spend, especially on travel. However, shares traded slightly in the red after-hours as profit rose over the previous quarter at the slowest pace since 2021.  ( 18 min )

Mortgage interest is not deductible in Canada, but this strategy could allow you to get the financial benefit anyway.  ( 24 min )

Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 1 min )

The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 1 min )

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 1 min )

The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn’t meet analyst expectations. Here’s what investors need to know today.  ( 1 min )

Het Openbaar Ministerie (OM) is een strafrechtelijk onderzoek gestart naar Heineken. Dat bevestigt een woordvoerder aan het ANP na eerdere berichtgeving van het AD. De bierbrouwer zou blikjes zonder statiegeld hebben gebruikt toen dat al niet meer mocht.  ( 3 min )

De Federal Reserve, het Amerikaanse stelsel van centrale banken, heeft de rente voor de elfde keer op rij verhoogd. Er komt een kwart procentpunt, of 25 basispunten, bij. De belangrijkste rentestand komt daarmee op het hoogste punt in 22 jaar.  ( 3 min )

Coca-Cola heeft in het tweede kwartaal een derde meer winst gemaakt dan in dezelfde periode vorig jaar. Dat komt vooral doordat de frisdrankproducent de prijzen heeft verhoogd.  ( 3 min )

Twitter verandert in X. Het officiële account van het sociale netwerk heet inmiddels al X. De vorige eigenaar van @X moest zijn profiel afstaan. "Ze hebben het me in principe gewoon afgenomen", zegt hij tegen de Britse krant The Telegraph.  ( 4 min )

De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )

Logius heeft in juni 3.154 actieve DigiD-accounts van Nederlandse burgers verwijderd. Dat deed de overheidsinstantie, omdat de accounts werden aangeboden op de criminele handelswebsite Genesis Market.  ( 3 min )

Nu de prijzen van tomaten in India met 500 procent zijn gestegen, grijpen mensen daar massaal naar de tomatenpuree. In de Indiase keuken blijft de verse tomaat steeds vaker achterwege.  ( 3 min )

Samsung kondigde dinsdag twee nieuwe vouwtelefoons aan: de Galaxy Z Flip 5 en de Galaxy Z Fold 5. Hoewel de wowfactor minder wordt, ziet het Zuid-Koreaanse merk nog een grote toekomst weggelegd voor opvouwbare telefoons.  ( 6 min )

De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )

Autobedrijven laten ronkende verkoopcijfers zien over het eerste half jaar van 2023. Maar een deel van de verkochte auto's is eigenlijk vorig jaar al besteld. De orderboeken van Nederlandse autodealers zijn nu leger dan vorig jaar.  ( 5 min )

Just Eat Takeaway, het moederbedrijf van Thuisbezorgd, verkocht in de eerste zes maanden van dit jaar 12 procent minder maaltijden. Begin vorig jaar gingen extra veel maaltijden over de toonbank, omdat toen nog lockdowns van kracht waren.  ( 3 min )

Meta moet in Australië een boete van 20 miljoen dollar betalen. Het bedrijf verzamelde persoonlijke gegevens van mensen die een VPN-app gebruikten, waarmee hun privacy juist beter beschermd moest worden.  ( 3 min )

Het Franse yoghurtjesbedrijf Danone neemt voor nu afscheid van haar bezittingen in Rusland. De bestuursleden en de CEO zijn inmiddels allemaal vervangen, zonder inspraak of toestemming van Danone zelf.  ( 3 min )

Alphabet, het moederbedrijf van Google, boekte meer winst in het tweede kwartaal dan een jaar eerder. Microsoft zag de winst zelfs stijgen met 20 procent. Dat hebben de concurrenten onder meer te danken aan de opbrengst van hun clouddiensten.  ( 4 min )

De online winkel Pieter Pot heeft klanten gevraagd om extra geld op hun accounts te zetten. Dat moet leveranciers weer het vertrouwen geven om de schappen van de verpakkingsvrije winkel te vullen. Een ludieke actie of een laatste noodgreep?  ( 6 min )

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 1 min )

South Korea's SK Hynix posted a quarterly operating loss on Wednesday as overall memory chip prices remained low due to weak demand. The world's second-biggest memory chipmaker reported a 2.9 trillion won ($2.28 billion) operating loss in the April-June quarter, from 4.2 trillion won profit a year earlier. This compared with expectations for a 2.7 trillion won operating loss, according to 22 analyst views compiled by Refinitiv SmartEstimate, weighted toward analysts that are more consistently accurate.  ( 39 min )

The US Virgin Islands included the detail in a new filing for a lawsuit alleging JPMorgan knew for years that Epstein was trafficking girls for sex.  ( 6 min )